Kermit, TX is a small town located in 79745 zip code with a population of less than 6,000 people. The 2 bedroom rent in this area is much lower than the national average at $890 compared to $1,430. Additionally, the grocery cost index in Kermit is 89 versus 100 for the US as a whole. This makes it an attractive place for those looking to save money on rent and groceries. There are some notable businesses such as Monahans-Wickett-Pyote ISD and Big Spring State Park that add to the charm of living in Kermit. In addition to these institutions there are also local restaurants like El Jalisco Mexican Grill and Grocery stores like Albertson’s Supermarket for all your dining and shopping needs. All in all, Kermit is ideal for those wanting to live close to nature with affordable rent and groceries with plenty of local services nearby.
Kermit (zip 79745) has an unemployment rate of 9.2%. The US average is 6.0%.
Kermit (zip 79745) has seen the job market increase by 13.5% over the last year. Future job growth over the next ten years is predicted to be 63.2%, which is higher than the US average of 33.5%.
Tax Rates for Kermit (zip 79745)
- The Sales Tax Rate for Kermit (zip 79745) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Kermit (zip 79745) 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 Kermit (zip 79745)
- The average income of a Kermit (zip 79745) resident is $22,277 a year. The US average is $28,555 a year.
- The Median household income of a Kermit (zip 79745) resident is $65,036 a year. The US average is $69,021 a year.