Edom, TX is a thriving small town with plenty of local amenities. Local companies include Edom Grocery, Hill Country Ace Hardware, and O’Riley’s Bar & Grill. The cost of living in Edom is relatively low compared to the US as a whole. The average 2 bedroom rent in Edom comes in at $860, which is just over 40% lower than the US average of $1,430. Additionally, the Grocery Cost Index in Edom is 95 versus 100 in the US. This makes Edom an affordable place to live with plenty of options for locals and visitors alike.
Edom has an unemployment rate of 6.1%. The US average is 6.0%.
Edom has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 41.4%, which is higher than the US average of 33.5%.
Tax Rates for Edom
- The Sales Tax Rate for Edom is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Edom 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 Edom
- The average income of a Edom resident is $24,674 a year. The US average is $28,555 a year.
- The Median household income of a Edom resident is $83,269 a year. The US average is $69,021 a year.