Damon, TX is a small town in Brazoria County with a population of 77430. It offers a peaceful atmosphere where people can enjoy nature and the surrounding area. The 2 bedroom rent in Damon is slightly lower than the national average at $1,200 versus $1,430 respectively. Additionally, Damon has an excellent grocery cost index of 96 compared to the US rate of 100. There are several local companies that offer great services to the community such as Walmart Supercenter for groceries and supplies, Texas Roadhouse for lunch and dinner, and Red Roof Inn for lodging needs. Overall, Damon provides affordable living costs while still offering quality goods and services to its residents.
Damon (zip 77430) has an unemployment rate of 8.4%. The US average is 6.0%.
Damon (zip 77430) has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 34.2%, which is higher than the US average of 33.5%.
Tax Rates for Damon (zip 77430)
- The Sales Tax Rate for Damon (zip 77430) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Damon (zip 77430) 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 Damon (zip 77430)
- The average income of a Damon (zip 77430) resident is $42,041 a year. The US average is $37,638 a year.
- The Median household income of a Damon (zip 77430) resident is $86,750 a year. The US average is $69,021 a year.