Rhome, TX Economy


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Rhome, TX is a small town in the United States with an estimated population of around 1,800 people. The town offers a cost-effective lifestyle to its residents; the average two bedroom rental price is $1,320 as compared to a national average of $1,430. Furthermore, the Grocery Cost Index in Rhome is equal to that of the national average. The economy of Rhome is primarily service and retail based with local businesses such as Turner’s Outdoorsman, AmeriGas, and Advance Auto Parts making up key portions of employment. Additionally, the town has several medical centers and urgent care facilities that add to healthcare employment opportunities in Rhome.

Rhome has an unemployment rate of 6.1%. The US average is 6.0%.

Rhome has seen the job market decrease by -3.9% over the last year. Future job growth over the next ten years is predicted to be 40.0%, which is higher than the US average of 33.5%.

Tax Rates for Rhome
- The Sales Tax Rate for Rhome is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Rhome 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 Rhome
- The average income of a Rhome resident is $31,817 a year. The US average is $37,638 a year.
- The Median household income of a Rhome resident is $78,365 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRhome, TexasUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Rhome
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Over 11 years ago

Rhome is a lovely country town where you are a relatively short drive from any services you  More

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