7418 Bonham, TX is a great place to live. The average rent for a 2 bedroom apartment in Bonham is $880 which is far cheaper than the US average of $1,430. The Grocery Cost Index in Bonham is 94 versus the US average of 100 which makes it a budget friendly city to live in. There are many local businesses that residents can enjoy such as the Fannin County Chamber of Commerce, Chavis Insurance Agency, and the Texas Economy Store. For those who want to explore nature, there is Eubanks Lake Nature Park and Honey Grove Lakeside Park. With affordable living and plenty of local businesses, 7418 Bonham makes for an excellent place to call home.
Bonham (zip 75418) has an unemployment rate of 5.1%. The US average is 6.0%.
Bonham (zip 75418) has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 39.5%, which is higher than the US average of 33.5%.
Tax Rates for Bonham (zip 75418)
- The Sales Tax Rate for Bonham (zip 75418) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Bonham (zip 75418) 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 Bonham (zip 75418)
- The average income of a Bonham (zip 75418) resident is $18,922 a year. The US average is $28,555 a year.
- The Median household income of a Bonham (zip 75418) resident is $52,078 a year. The US average is $69,021 a year.