Jefferson, Texas is a small town located about 130 miles northeast of Dallas with a population of just over 2,000 people. Despite its size, Jefferson has many amenities to offer such as an array of local shops, restaurants, and businesses like Lantrip's True Value Hardware Store, Jefferson Drug Company, and Bagwell Grocery Store. Furthermore, Jefferson is renowned for its affordability when compared to other areas in the country making it an ideal place for individuals looking to save on housing costs. The average two-bedroom rent in Jefferson is around $850 which is much lower than the U.S. average of $1,430. Additionally, grocery costs are also lower in Jefferson as indicated by their grocery cost index of 91 versus 100 in the U.S., further illustrating the cost savings that living in this charming city can offer to newcomers.
Jefferson has an unemployment rate of 8.2%. The US average is 6.0%.
Jefferson has seen the job market increase by 3.8% over the last year. Future job growth over the next ten years is predicted to be 30.0%, which is lower than the US average of 33.5%.
Tax Rates for Jefferson
- The Sales Tax Rate for Jefferson is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Jefferson is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Jefferson
- The average income of a Jefferson resident is $23,470 a year. The US average is $28,555 a year.
- The Median household income of a Jefferson resident is $43,247 a year. The US average is $69,021 a year.