Quitman, TX is known for its affordable cost of living. The average rent for a two bedroom apartment in the city is $940 while the national average is $1,430. In comparison, Quitman's Grocery Cost Index of 94 versus the US's 100 shows that groceries in this town are 6% cheaper than the national average. Some popular local companies include Burchfield Farms, Dependable Logistics, and Sandy Lake Ranch. These businesses provide employment opportunities to many of Quitman's citizens while also contributing positively to the economy of the area.
Quitman has an unemployment rate of 7.0%. The US average is 6.0%.
Quitman has seen the job market decrease by -1.6% over the last year. Future job growth over the next ten years is predicted to be 35.0%, which is higher than the US average of 33.5%.
Tax Rates for Quitman
- The Sales Tax Rate for Quitman is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Quitman 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 Quitman
- The average income of a Quitman resident is $25,400 a year. The US average is $37,638 a year.
- The Median household income of a Quitman resident is $53,601 a year. The US average is $69,021 a year.