Blossom, TX is a small town located in East Texas. It is known for its home-town feel and friendly locals. Rent for a two bedroom apartment in Blossom is much lower than the national average at $840 compared to $1430 on average nationally. Groceries are also an economical option in Blossom with the Grocery Cost Index being 93 compared to 100 in the US. There are many local family owned businesses that make up the vibrant community such as Brady’s BBQ, a popular restaurant that has been around since 1965, J&E Coffee Roasters who specialize in artisan coffee beans and have been featured on ABC news, and Buxton Hill Furniture which has been providing custom made furniture since 1913. With prices lower than the national average it makes Blossom an attractive option for those looking to relocate.
Blossom has an unemployment rate of 7.2%. The US average is 6.0%.
Blossom has seen the job market decrease by -4.9% 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 Blossom
- The Sales Tax Rate for Blossom is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Blossom 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 Blossom
- The average income of a Blossom resident is $25,332 a year. The US average is $37,638 a year.
- The Median household income of a Blossom resident is $52,500 a year. The US average is $69,021 a year.