Bynum, Texas is a small town located in Hill County with a population of 76631. It is known for its close-knit community and commitment to quality living. The average 2 bedroom rent in Bynum is $870, which is significantly lower than the US average of $1,430. The Grocery Cost Index in Bynum is 91 versus 100 in the US, which can be attributed to the number of local businesses offering great deals on groceries. Some popular retailers in Bynum include the Bynum Grocery Store, Hill Country Convenience Center, and Country Market Groceries. Here you'll find all your daily necessities at competitive prices that won't break the bank.
Bynum (zip 76631) has an unemployment rate of 6.5%. The US average is 6.0%.
Bynum (zip 76631) has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 38.1%, which is higher than the US average of 33.5%.
Tax Rates for Bynum (zip 76631)
- The Sales Tax Rate for Bynum (zip 76631) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Bynum (zip 76631) 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 Bynum (zip 76631)
- The average income of a Bynum (zip 76631) resident is $21,425 a year. The US average is $37,638 a year.
- The Median household income of a Bynum (zip 76631) resident is $68,750 a year. The US average is $69,021 a year.