Carbon, TX is a small town located in East Texas with an estimated population of around 1,000 people. The town has many local businesses which include The Carbon General Store, East Texas Tire & Auto Services, and The Palomino Café.
When it comes to cost of living in Carbon, TX it is relatively low compared to other locations in the US. For example, the average 2 bedroom rent in Carbon is only $830 whereas the average for the US is $1,430. Additionally, carbon also has a lower grocery cost index than most places in the US at 85 versus the national average of 100. All this makes Carbon a great place for those looking for an affordable place to live and work.
Carbon has an unemployment rate of 7.4%. The US average is 6.0%.
Carbon has seen the job market decrease by -14.6% over the last year. Future job growth over the next ten years is predicted to be 35.1%, which is higher than the US average of 33.5%.
Tax Rates for Carbon
- The Sales Tax Rate for Carbon is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Carbon 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 Carbon
- The average income of a Carbon resident is $32,547 a year. The US average is $37,638 a year.
- The Median household income of a Carbon resident is $39,167 a year. The US average is $69,021 a year.