Lipscomb, TX County is an attractive county for many reasons. It offers affordable housing with a two bedroom rent of $860 compared to the US average of $1,430. Additionally, grocery costs in the area are 91 compared to 100 in the US. Major employers in Lipscomb include ConAgra Foods, Syntroleum Corporation and Johnny's Bar-B-Que. The average salary for these companies ranges from around $45k - $50k per annum. This makes it an ideal place to live and work at a reasonable price.
Lipscomb County has an unemployment rate of 4.8%. The US average is 6.0%.
Lipscomb County has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 20.2%, which is lower than the US average of 33.5%.
Tax Rates for Lipscomb County
- The Sales Tax Rate for Lipscomb County is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Lipscomb 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 Lipscomb County
- The average income of a Lipscomb County resident is $31,157 a year. The US average is $37,638 a year.
- The Median household income of a Lipscomb County resident is $66,250 a year. The US average is $69,021 a year.