The small town of Edmonson, Texas (79032) has a much lower cost of living compared to the US as a whole. On average, 2 bedroom apartment rentals in Edmonson are just $790 per month, significantly less than the US average of $1,430. The Grocery Cost Index is also much lower in Edmonson at 90 versus the US average of 100. As such, living in Edmonson can be quite economical for those on a budget. Local companies include Ace Hardware and the Texas Country Grocery Store, both located in downtown Edmonson. So while living in Edmonson won’t have you rubbing elbows with celebrities or visiting high-end stores like you might find elsewhere, it does offer affordable housing and groceries for those looking to get away from city life.
Edmonson (zip 79032) has an unemployment rate of 7.4%. The US average is 6.0%.
Edmonson (zip 79032) has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 21.9%, which is lower than the US average of 33.5%.
Tax Rates for Edmonson (zip 79032)
- The Sales Tax Rate for Edmonson (zip 79032) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Edmonson (zip 79032) 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 Edmonson (zip 79032)
- The average income of a Edmonson (zip 79032) resident is $25,138 a year. The US average is $28,555 a year.
- The Median household income of a Edmonson (zip 79032) resident is $45,357 a year. The US average is $69,021 a year.