Wortham, TX is a small city known for its affordability and convenient location. The average rent for a two bedroom apartment is $820 which is much lower than the national average of $1,430. This makes it an ideal area for families looking for financial stability and security. Grocery costs are also lower in Wortham as compared to the rest of the country with an index of 93 versus 100 in the US. In Wortham, there are plenty of local businesses that can help support a family of four such as Kwik Sak Grocery Store, Fannin County Family Medicine Clinic, and Red Dirt Outdoors Store. There are also plenty of fun activities to do in Wortham such as visiting the Nature Trail at Cameron Park or enjoying a picnic at Proctor Lake. Families will find plenty to do while living here!
Wortham has an unemployment rate of 9.4%. The US average is 6.0%.
Wortham has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 1.1%, which is lower than the US average of 33.5%.
Tax Rates for Wortham
- The Sales Tax Rate for Wortham is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Wortham 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 Wortham
- The average income of a Wortham resident is $20,114 a year. The US average is $37,638 a year.
- The Median household income of a Wortham resident is $40,987 a year. The US average is $69,021 a year.