Lamar County, TX Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
United States / Texas / / Lamar County / Cities / Zip Codes
Lamar, TX County is an attractive area for renters due to its much lower 2 bedroom rent when compared to the rest of the US, which is $1,430. Those looking to rent in Lamar can expect to pay around $840 for a two-bedroom unit. Additionally, grocery costs are considerably lower than average in Lamar when compared with the US; with a cost index of 94 versus 100 nationally. This makes it an ideal destination for those looking to save money while renting. Companies like Renters Edge, Signature Property Group, and UMoveFree might offer more competitive rental prices than other companies in Lamar. All three of these companies have been known for offering low rental rates and good customer service. Overall, Lamar is a great place for those looking for an affordable home without sacrificing quality or amenities.

Lamar County has an unemployment rate of 7.2%. The US average is 6.0%.

Lamar County has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 45.8%, which is higher than the US average of 33.5%.

Tax Rates for Lamar County
- The Sales Tax Rate for Lamar County is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Lamar 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 Lamar County
- The average income of a Lamar County resident is $26,686 a year. The US average is $37,638 a year.
- The Median household income of a Lamar County resident is $51,561 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLamar, 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%
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.