Lamar, TX is a small city located in the state of Texas, with plenty to offer its residents. It's notable for its low cost of living, with the average two-bedroom rent set at $800 - significantly lower than the US average of $1,430. Grocery prices are also more affordable in Lamar, TX, boasting an index score of 98 compared to 100 in the US. Local businesses include CVS Pharmacy and H-E-B Grocery, which provide excellent services for both visitors and citizens alike. With high quality education, numerous parks and recreational activities, and a friendly community atmosphere, it's easy to see why Lamar is such a great place to live.
Lamar has an unemployment rate of 9.1%. The US average is 6.0%.
Lamar has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 24.8%, which is lower than the US average of 33.5%.
Tax Rates for Lamar
- The Sales Tax Rate for Lamar is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Lamar 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 Lamar
- The average income of a Lamar resident is $33,608 a year. The US average is $28,555 a year.
- The Median household income of a Lamar resident is $36,891 a year. The US average is $69,021 a year.