Beaumont, TX is the perfect place for those looking to find an affordable rental home. The median 2 bedroom rent in 77706 Beaumont, TX is $1,110 which is significantly lower than the US median of $1,430. Grocery costs are also relatively low with a cost index of 95 compared to the national average of 100. As a result, living in 77706 Beaumont, TX provides residents with more purchasing power and greater financial freedom.
The area boasts many local businesses such as The Art Studio Inc., Texas First Bank, and Red Lion Pub & Grill. These companies offer jobs and other services to residents of Beaumont, TX. The Art Studio Inc., an art gallery run by local artists, provides classes and workshops for individuals interested in learning new skills. Texas First Bank offers financial services such as loans and mortgages for locals looking to invest in their future. Red Lion Pub & Grill serves up delicious pub-style food and drinks that make it a popular spot among locals and visitors alike.
Beaumont (zip 77706) has an unemployment rate of 10.1%. The US average is 6.0%.
Beaumont (zip 77706) has seen the job market decrease by -6.7% over the last year. Future job growth over the next ten years is predicted to be 19.6%, which is lower than the US average of 33.5%.
Tax Rates for Beaumont (zip 77706)
- The Sales Tax Rate for Beaumont (zip 77706) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Beaumont (zip 77706) 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 Beaumont (zip 77706)
- The average income of a Beaumont (zip 77706) resident is $43,748 a year. The US average is $37,638 a year.
- The Median household income of a Beaumont (zip 77706) resident is $66,829 a year. The US average is $69,021 a year.