Blossom, TX, with a population of 75416 is located in the state of Texas. It is a medium-sized city with a low cost of living when compared to many other areas in the US. The average 2 bedroom rent in Blossom is $840 per month which is significantly less than the US average of $1,430 per month. In addition, the grocery cost index in Blossom is 93 versus 100 for the US making it an attractive option for those looking to cut costs on basic necessities.
When it comes to business and industry, Blossom is home to several local companies such as Autokool Parts and Services Ltd., Boulevard Beds and Furniture Store, and Southwinds Pest Control. Each of these businesses offer quality services that help keep the economy flourishing in Blossom while providing excellent job prospects for its citizens.
All-in-all, Blossom offers great value for money when considering all aspects of the cost of living including housing prices. With so many local businesses and industries available, this small town is sure to be a popular destination for those looking to save without sacrificing quality or convenience.
Blossom (zip 75416) has an unemployment rate of 7.2%. The US average is 6.0%.
Blossom (zip 75416) has seen the job market increase by 3.1% over the last year. Future job growth over the next ten years is predicted to be 45.8%, which is higher than the US average of 33.5%.
Tax Rates for Blossom (zip 75416)
- The Sales Tax Rate for Blossom (zip 75416) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Blossom (zip 75416) 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 Blossom (zip 75416)
- The average income of a Blossom (zip 75416) resident is $20,704 a year. The US average is $28,555 a year.
- The Median household income of a Blossom (zip 75416) resident is $67,974 a year. The US average is $69,021 a year.