Sulphur Springs, TX is a charming small town with a cost of living that is lower than the US average. Rent for a two bedroom apartment in Sulphur Springs is about $900 which is significantly less than the national average of $1430. The Grocery Cost Index in Sulphur Springs is 95 versus 100 in the US, making food costs more affordable for residents. There are plenty of local businesses to explore such as Log Cabin Crafts & Gifts, River Bottom Amber Company and Bronco's Home Cookin'. Outdoor activities include hiking and camping at Cooper Lake State Park or canoeing on the Sulphur River. For those who prefer to stay inside, The Hopkins County Historical Museum offers educational tours on Saturdays.
Sulphur Springs has an unemployment rate of 5.3%. The US average is 6.0%.
Sulphur Springs has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 27.8%, which is lower than the US average of 33.5%.
Tax Rates for Sulphur Springs
- The Sales Tax Rate for Sulphur Springs is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Sulphur Springs 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 Sulphur Springs
- The average income of a Sulphur Springs resident is $19,878 a year. The US average is $28,555 a year.
- The Median household income of a Sulphur Springs resident is $51,332 a year. The US average is $69,021 a year.