Abram, TX is a small town located in the north-central part of Texas. It is a great place to live with its rural lifestyle and friendly residents. The cost of living in Abram is quite low when compared to the US average, with 2 bedroom rent coming at around $940, compared to an average of $1,430 nationally. Grocery Cost Index in Abram is even lower than the US at 91 versus 100. Local businesses in Abram include Brick Grocery Store, Franco Furniture Co., and Jims Tires. All of these places offer goods and services at highly competitive prices that make living in Abram very affordable for those on a tight budget.
Abram has an unemployment rate of 11.2%. The US average is 6.0%.
Abram has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 32.2%, which is lower than the US average of 33.5%.
Tax Rates for Abram
- The Sales Tax Rate for Abram is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Abram 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 Abram
- The average income of a Abram resident is $10,987 a year. The US average is $28,555 a year.
- The Median household income of a Abram resident is $27,282 a year. The US average is $69,021 a year.