Littlefield, TX is a small town located in Lamb County with a population of just over 6,000 people. The cost of living in Littlefield is lower than the US average, with the median 2 bedroom rent being $750 compared to $1,430 nationwide. Additionally, the Grocery Cost Index in Littlefield is 87 compared to 100 nationally. It's economy is primarily driven by agriculture and cattle production with companies like Foster Farms and Harris Feeders leading the way. With this industry driving the economy there are plenty of jobs available to those looking for employment. Despite its size, Littlefield offers plenty of amenities such as banks, shopping centers and restaurants making it an ideal place to live for many families.
Littlefield has an unemployment rate of 5.9%. The US average is 6.0%.
Littlefield has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.
Tax Rates for Littlefield
- The Sales Tax Rate for Littlefield is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Littlefield 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 Littlefield
- The average income of a Littlefield resident is $15,886 a year. The US average is $28,555 a year.
- The Median household income of a Littlefield resident is $45,101 a year. The US average is $69,021 a year.