Blum, TX is a small town located in Hill County with an estimated population of 687 people. It has a pleasant climate throughout the year and offers a peaceful environment to its residents. The average 2 bedroom rent in Blum, TX is $890 which is significantly lower than the US average of $1,430. In addition, the Grocery Cost Index in Blum, TX is 93 versus 100 in the US which makes it an affordable place to live. In terms of local businesses, some popular ones include Blum Grocery Store, Belue’s Auto Repair Shop, Kwik Trip Fuel Station, and McCloud Cleaners. All these businesses ensure that locals can conveniently access goods and services.
Blum has an unemployment rate of 6.5%. The US average is 6.0%.
Blum has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 38.1%, which is higher than the US average of 33.5%.
Tax Rates for Blum
- The Sales Tax Rate for Blum is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Blum 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 Blum
- The average income of a Blum resident is $15,503 a year. The US average is $28,555 a year.
- The Median household income of a Blum resident is $64,000 a year. The US average is $69,021 a year.