Markham, TX is a small city located in Texas. It is known for its strong economy and low cost of living. The average two bedroom rent in Markham is $1,040, which is significantly lower than the national average of $1,430. The grocery cost index in Markham also stands at 94 versus 100 for the US as a whole, which shows that groceries are cheaper in Markham. In Markham there are many local companies to choose from such as D&D Custom Fabrication Inc., First National Bank Texas and McKesson Oil Company. All of these businesses offer competitive services at much lower prices than other larger cities. Therefore, living in Markham can make it easy for people to save money while still enjoy living near necessary amenities.
Markham has an unemployment rate of 9.9%. The US average is 6.0%.
Markham has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 21.0%, which is lower than the US average of 33.5%.
Tax Rates for Markham
- The Sales Tax Rate for Markham is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Markham 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 Markham
- The average income of a Markham resident is $20,258 a year. The US average is $28,555 a year.
- The Median household income of a Markham resident is $43,047 a year. The US average is $69,021 a year.