Coahoma, TX is an affordable place to live with a two bedroom rental rate lower than the US average at $860 per month. Groceries are also more economical in Coahoma than nationwide, with a grocery cost index of 92 compared to 100 in the US. The cost of living advantage is attractive to many residents who work for local businesses such as Chalk Hill Energy Services and Big Spring Indoor Soccer Center. Coahoma offers a small-town lifestyle with big city amenities at an affordable price.
Coahoma has an unemployment rate of 8.0%. The US average is 6.0%.
Coahoma has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 27.9%, which is lower than the US average of 33.5%.
Tax Rates for Coahoma
- The Sales Tax Rate for Coahoma is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Coahoma 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 Coahoma
- The average income of a Coahoma resident is $28,341 a year. The US average is $28,555 a year.
- The Median household income of a Coahoma resident is $62,768 a year. The US average is $69,021 a year.