Cumby, TX is a small town located in northeast Texas with a population of approximately 1,735. The cost of living in Cumby is quite low compared to the US average due to its affordable housing options. The average rent for a 2 bedroom apartment is $1,060 per month versus $1,430 nationally. Groceries are also more affordable in Cumby, with the Grocery Cost Index at 95 versus 100 in the US. Residents can find lower prices on products such as food and clothing by shopping at local businesses such as Dollar General and Marietta True Value Hardware Store. With its low cost of living and small-town charm, Cumby is an attractive place to call home.
Cumby has an unemployment rate of 5.3%. The US average is 6.0%.
Cumby has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 27.8%, which is lower than the US average of 33.5%.
Tax Rates for Cumby
- The Sales Tax Rate for Cumby is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Cumby 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 Cumby
- The average income of a Cumby resident is $22,505 a year. The US average is $28,555 a year.
- The Median household income of a Cumby resident is $56,927 a year. The US average is $69,021 a year.