Dimmitt, TX Economy


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United States / Texas / No Metro Area / Castro County / Dimmitt / Zip Codes
Dimmitt, TX is a rural town located in the northern part of Texas with a population of around 4,000 people. It is known for its friendly atmosphere and small-town charm. The cost of living in Dimmitt is excellent, as evidenced by the 2 bedroom rent of $850 which is much lower than the US average of $1,430. Even groceries are cheaper with a grocery cost index of 89 compared to 100 in the US. Local companies in Dimmitt include Dimmit County Farm Bureau, Ag Texas Agri-Credit Corporation, Waggoner Equipment Company and Dimmitt Community Bank.

Dimmitt has an unemployment rate of 4.0%. The US average is 6.0%.

Dimmitt has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 13.1%, which is lower than the US average of 33.5%.

Tax Rates for Dimmitt
- The Sales Tax Rate for Dimmitt is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Dimmitt 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 Dimmitt
- The average income of a Dimmitt resident is $22,591 a year. The US average is $28,555 a year.
- The Median household income of a Dimmitt resident is $55,262 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDimmitt, TexasUnited States
  46
  -3.7%-6.2%
  13.1%33.5%
  8.3%6.2%
  0.0%4.6%
  $24,778$37,638
  $55,262$69,021
  $65,500$85,028
  Population by Occupation
  7.5%1.2%
  0.0%0.5%
  5.5%6.8%
  9.7%10.0%
  4.7%2.5%
  19.9%11.0%
  3.3%4.8%
  1.6%0.8%
  0.0%1.9%
  3.1%4.7%
  0.5%1.9%
  5.5%7.6%
  0.0%0.1%
  5.8%4.2%
  9.6%9.3%
  14.1%14.0%
  0.0%2.1%
  3.3%7.0%
  0.5%4.8%
  5.5%4.7%
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