Coleman is a small town located in Texas with a population of 3,786 people (according to the 2019 census). Located roughly two hours southwest of Dallas, Coleman offers an affordable cost of living in comparison to other larger cities. 2 bedroom rent in Coleman is around $830 whereas the US average for rent is $1,430- one of the most significant differences when considering cost of living. Additionally, the Grocery Cost Index in Coleman is around 89 compared to 100 in the US- this is also significantly lower than bigger cities. \nWhen it comes to business, some notable companies that operate locally include First National Bank Texas (FNB Texas), Ashley Furniture HomeStore, and Ace Hardware – all located within 10 miles from Coleman’s city center. \nThe data collected on 2 bedroom rent and grocery cost index are relevant when considering cost of living for individuals looking to move or relocate to Coleman. With lower housing costs and groceries than most other places in Texas and across America – Coleman proves itself as a good place to live with more affordable expenses.
Coleman (zip 76834) has an unemployment rate of 7.6%. The US average is 6.0%.
Coleman (zip 76834) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 29.2%, which is lower than the US average of 33.5%.
Tax Rates for Coleman (zip 76834)
- The Sales Tax Rate for Coleman (zip 76834) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Coleman (zip 76834) 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 Coleman (zip 76834)
- The average income of a Coleman (zip 76834) resident is $20,998 a year. The US average is $28,555 a year.
- The Median household income of a Coleman (zip 76834) resident is $45,619 a year. The US average is $69,021 a year.