Hemphill County, TX Economy


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United States / Texas / No Metro Area / Hemphill County / Cities / Zip Codes
Hemphill, TX County is an ideal place to call home. With a 2 bedroom rent averaging just over $1,070 and a grocery cost index of 95 compared to 100 in the US overall, it’s easy to see why many flock here for a lower cost of living. The area boasts a strong economy with popular local companies such as Wal-Mart and Chevron providing employment opportunities. Additionally, Hemphill offers plenty of outdoor activities, including fishing on Lake Buchanan and visiting State Parks like Balmorhea. Combining that with a low crime rate makes Hemphill an ideal place to live for all types of people!

Hemphill County has an unemployment rate of 4.8%. The US average is 6.0%.

Hemphill County has seen the job market decrease by -9.5% over the last year. Future job growth over the next ten years is predicted to be 36.0%, which is higher than the US average of 33.5%.

Tax Rates for Hemphill County
- The Sales Tax Rate for Hemphill County is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Hemphill County 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 County
- The average income of a Hemphill County resident is $38,987 a year. The US average is $37,638 a year.
- The Median household income of a Hemphill County resident is $54,867 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHemphill, 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%
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