Hempstead, TX is a great city with a lot to offer its residents. The cost of living is affordable, with 2 bedroom rent being $1,070 compared to the US average of $1,430. Additionally, grocery costs are below the national average with an index of 96 versus 100 in the US. There are many local businesses and attractions that provide entertainment and services for Hempstead residents. Some popular destinations include the Waller County Courthouse Square and the Old 300 Barbeque restaurant. Other local businesses such as Uptown Cleaners and Outlaw Offroad provide quality services to locals. With all that Hempstead has to offer, it is no wonder why many people choose to call it home.
Hempstead has an unemployment rate of 7.9%. The US average is 6.0%.
Hempstead has seen the job market increase by 3.0% over the last year. Future job growth over the next ten years is predicted to be 34.8%, which is higher than the US average of 33.5%.
Tax Rates for Hempstead
- The Sales Tax Rate for Hempstead is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Hempstead 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 Hempstead
- The average income of a Hempstead resident is $14,348 a year. The US average is $28,555 a year.
- The Median household income of a Hempstead resident is $37,043 a year. The US average is $69,021 a year.