Dimmitt, TX is a rural town located in the northern part of Texas with a population of around 4,000 people. It is known for its friendly atmosphere and small-town charm. The cost of living in Dimmitt is excellent, as evidenced by the 2 bedroom rent of $850 which is much lower than the US average of $1,430. Even groceries are cheaper with a grocery cost index of 89 compared to 100 in the US. Local companies in Dimmitt include Dimmit County Farm Bureau, Ag Texas Agri-Credit Corporation, Waggoner Equipment Company and Dimmitt Community Bank.
Dimmitt has an unemployment rate of 4.0%. The US average is 6.0%.
Dimmitt has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 13.1%, which is lower than the US average of 33.5%.
Tax Rates for Dimmitt
- The Sales Tax Rate for Dimmitt is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Dimmitt 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 Dimmitt
- The average income of a Dimmitt resident is $24,778 a year. The US average is $37,638 a year.
- The Median household income of a Dimmitt resident is $55,262 a year. The US average is $69,021 a year.