Lamb, TX County is a great place to live for those who want to enjoy small town life without sacrificing the convenience of larger cities. The cost of living is quite low, with 2 bedroom rent at $830 per month and grocery cost index at 90 compared to 100 in the US. Lamb, TX County also has many local businesses that contribute to its economy, such as Jones Family Farms, Lamb Café & Diner, and Lamb Salvage Yard. These businesses are key to providing jobs and services for the residents of the county.
Lamb County has an unemployment rate of 5.9%. The US average is 6.0%.
Lamb County has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.
Tax Rates for Lamb County
- The Sales Tax Rate for Lamb County is 7.7%. The US average is 7.3%.
- The Income Tax Rate for Lamb 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 Lamb County
- The average income of a Lamb County resident is $19,555 a year. The US average is $28,555 a year.
- The Median household income of a Lamb County resident is $50,041 a year. The US average is $69,021 a year.