Blanket, TX Economy


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Blanket, Texas is a small rural town located in Brown County. Living costs are quite affordable in Blanket, with a two bedroom rent at $890 compared to the US average of $1,430. The grocery cost index is also lower than the national average, coming in at 91 as opposed to 100. Local businesses include D&H Clothing & Western Wear, Hall Tire and Auto Repair, J.D's Country Store and Feeds Plus More. Other amenities available are the Blanket Public Library and Johnson Cemetery. With its low cost of living and plethora of local businesses, Blanket offers residents a comfortable lifestyle that won't break the bank!

Blanket has an unemployment rate of 6.3%. The US average is 6.0%.

Blanket has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 30.3%, which is lower than the US average of 33.5%.

Tax Rates for Blanket
- The Sales Tax Rate for Blanket is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Blanket 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 Blanket
- The average income of a Blanket resident is $17,062 a year. The US average is $28,555 a year.
- The Median household income of a Blanket resident is $44,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBlanket, TexasUnited States
  6.36
  -5.5%-6.2%
  30.3%33.5%
  6.3%6.2%
  0.0%4.6%
  $23,570$37,638
  $44,000$69,021
  $65,438$85,028
  Population by Occupation
  13.7%1.2%
  0.0%0.5%
  21.5%6.8%
  7.8%10.0%
  0.5%2.5%
  13.7%11.0%
  0.0%4.8%
  0.0%0.8%
  1.0%1.9%
  3.4%4.7%
  1.0%1.9%
  2.9%7.6%
  0.0%0.1%
  2.9%4.2%
  11.7%9.3%
  7.3%14.0%
  0.5%2.1%
  8.8%7.0%
  2.9%4.8%
  0.5%4.7%
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