Powderly, TX is a small town located in Lamar County, boasting a population of 883 residents as of the 2020 census. It is conveniently located near several large cities such as Dallas and Paris, allowing for easy access to amenities and cultural attractions. The cost of living in Powderly is lower than the US average, with 2 bedroom rent being $820 compared to the US average of $1,430 and the Grocery Cost Index being 96 compared to 100 in the US. Local businesses include popular eateries such as Cowboy’s Bar-B-Que and Whataburger, while attractions include Powderly Park and Lake Bob Sandlin State Park.
Powderly has an unemployment rate of 7.2%. The US average is 6.0%.
Powderly has seen the job market increase by 3.1% over the last year. Future job growth over the next ten years is predicted to be 45.8%, which is higher than the US average of 33.5%.
Tax Rates for Powderly
- The Sales Tax Rate for Powderly is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Powderly 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 Powderly
- The average income of a Powderly resident is $22,182 a year. The US average is $28,555 a year.
- The Median household income of a Powderly resident is $73,625 a year. The US average is $69,021 a year.