Lometa, TX Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Lometa, TX is a small town located in Texas with a population of 767 people. It has a low cost of living compared to the United States average. Rent for two bedroom apartments in Lometa is $1,110 which is much lower than the national average of $1,430. The Grocery Cost Index in Lometa TX is 91 versus 100 in the US. This shows that groceries are more affordable in Lometa than elsewhere. Companies located in and around Lometa include Carls Corner C Store, The Grille Cafe & Saloon, Lometa Fuel & Supply Co., and D&D Automotive And Tire Service. These local companies offer services to locals and surrounding areas and help contribute to the local economy.

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

Lometa has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 34.1%, which is higher than the US average of 33.5%.

Tax Rates for Lometa
- The Sales Tax Rate for Lometa is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Lometa 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 Lometa
- The average income of a Lometa resident is $12,048 a year. The US average is $28,555 a year.
- The Median household income of a Lometa resident is $36,776 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLometa, TexasUnited States
  66
  -2.9%-6.2%
  34.1%33.5%
  6.8%6.2%
  0.0%4.6%
  $19,248$37,638
  $36,776$69,021
  $42,917$85,028
  Population by Occupation
  0.0%1.2%
  4.3%0.5%
  16.0%6.8%
  11.3%10.0%
  0.0%2.5%
  10.6%11.0%
  10.3%4.8%
  1.8%0.8%
  0.0%1.9%
  0.0%4.7%
  3.2%1.9%
  0.0%7.6%
  0.0%0.1%
  10.6%4.2%
  20.6%9.3%
  3.5%14.0%
  0.0%2.1%
  0.0%7.0%
  4.3%4.8%
  3.5%4.7%
Health
Compare Lometa, TX
cost of living
Compare food, housing, utilities, and more in Lometa, Texas to any other city in the US.