Hemphill, TX is a small town located in the Sabine County of Texas. It's home to a variety of businesses including Hemphill Hardware, Wal-Mart Supercenter, Hemphill Restaurant, and Hemphill Tire & Automotive Center. The cost of living in Hemphill is lower than most other cities due to its low rent rates and grocery costs. Specifically, 2 bedroom rent is $840 whereas the US average is $1,430. Additionally, the Grocery Cost Index in Hemphill stands at 92 compared to the US average which is 100. The city also has a rich history and was established in 1858 when it was a trading post for Native Americans and local farmers.
Hemphill has an unemployment rate of 11.0%. The US average is 6.0%.
Hemphill has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Hemphill
- The Sales Tax Rate for Hemphill is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Hemphill 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 Hemphill
- The average income of a Hemphill resident is $18,301 a year. The US average is $37,638 a year.
- The Median household income of a Hemphill resident is $32,759 a year. The US average is $69,021 a year.