Bloomburg, TX is a vibrant town with many local businesses and attractions. The average rent for a two bedroom apartment in Bloomburg is $810 which is significantly lower than the US average of $1,430. Grocery prices are also lower than the national average with the Grocery Cost Index being 89 compared to 100 in the US. Popular local companies include Bloomburg Community Bank, Foxworth Farms Inc., and Little Country Church while popular attractions around town are Oak Ridge Park, Bloomburg Speedway, and Rocky Hill Golf Course. Overall, Bloomburg is an attractive place to live due to its low cost of living combined with a wide variety of business and entertainment options.
Bloomburg has an unemployment rate of 8.4%. The US average is 6.0%.
Bloomburg has seen the job market decrease by -4.6% over the last year. Future job growth over the next ten years is predicted to be 27.0%, which is lower than the US average of 33.5%.
Tax Rates for Bloomburg
- The Sales Tax Rate for Bloomburg is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Bloomburg 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 Bloomburg
- The average income of a Bloomburg resident is $21,746 a year. The US average is $37,638 a year.
- The Median household income of a Bloomburg resident is $68,036 a year. The US average is $69,021 a year.