Hamlin, TX is a small town located in the heart of Texas. It has a population of around 1,200 people and is known for its friendly community. Rent for a two-bedroom apartment in Hamlin is $870 which is significantly lower than the US average of $1,430. Additionally, grocery costs are 88 on the index versus 100 in the US as a whole. Some local companies include Hamlin Country Store, Bill's Trucking & Repair Inc., and Anderson & Company LLP. The city also hosts many local events throughout the year such as art shows and markets. Residents enjoy living in Hamlin for its affordable cost of living and tight-knit community atmosphere.
Hamlin has an unemployment rate of 8.3%. The US average is 6.0%.
Hamlin 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 25.6%, which is lower than the US average of 33.5%.
Tax Rates for Hamlin
- The Sales Tax Rate for Hamlin is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Hamlin 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 Hamlin
- The average income of a Hamlin resident is $21,919 a year. The US average is $37,638 a year.
- The Median household income of a Hamlin resident is $57,917 a year. The US average is $69,021 a year.