Gilmer, TX is an affordable city situated in the eastern part of Texas. It has many local and regional companies, such as The Gilmer Chamber of Commerce, that help to support the community. With an average 2 bedroom rent of $940, compared to the US average of $1,430, Gilmer is a great place for those with a limited budget. Additionally, the Grocery Cost Index in Gilmer is 92 compared to 100 in the US. This makes food more accessible for locals. All these factors make Gilmer an attractive city to live in for those on a budget or trying to save money.
Gilmer has an unemployment rate of 7.7%. The US average is 6.0%.
Gilmer has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 21.6%, which is lower than the US average of 33.5%.
Tax Rates for Gilmer
- The Sales Tax Rate for Gilmer is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Gilmer 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 Gilmer
- The average income of a Gilmer resident is $23,278 a year. The US average is $28,555 a year.
- The Median household income of a Gilmer resident is $38,240 a year. The US average is $69,021 a year.