Amherst, TX is a great place to live with a low cost of living. The 2 bedroom rent in Amherst is $750 which is significantly lower than the US average of $1,430. The Grocery Cost Index in Amherst is 87 compared to 100 in the US, indicating that groceries are more affordable there as well. There are many local businesses in Amherst such as Old Town Auto Repair, Rodeo Rental & Supply, and Wagon Wheel Cafe. Residents can take advantage of the low cost of living while still enjoying local amenities such as these stores and restaurants.
Amherst (zip 79312) has an unemployment rate of 5.9%. The US average is 6.0%.
Amherst (zip 79312) has seen the job market decrease 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 Amherst (zip 79312)
- The Sales Tax Rate for Amherst (zip 79312) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Amherst (zip 79312) 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 Amherst (zip 79312)
- The average income of a Amherst (zip 79312) resident is $17,500 a year. The US average is $37,638 a year.
- The Median household income of a Amherst (zip 79312) resident is $56,141 a year. The US average is $69,021 a year.