Follett, Texas (79034) is a small town located in Lipscomb County. The 2 bedroom rental rate here is significantly lower than the average for the United States at $850 compared to $1,430. Grocery costs are also relatively inexpensive with an index of 91 compared to 100 for the United States. In addition to lower costs of living, Follett offers its residents plenty of recreational activities, such as hunting, fishing, and golfing at the Follett Golf Course. There are many businesses and services in Follett including a local bank, hardware store, cafe, and church. For those looking for more outdoor activities in the area can visit nearby Lake Fryer or even travel to other cities such as Pampa and Perryton which are less than an hour away.
Follett (zip 79034) has an unemployment rate of 4.8%. The US average is 6.0%.
Follett (zip 79034) has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 20.2%, which is lower than the US average of 33.5%.
Tax Rates for Follett (zip 79034)
- The Sales Tax Rate for Follett (zip 79034) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Follett (zip 79034) 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 Follett (zip 79034)
- The average income of a Follett (zip 79034) resident is $32,127 a year. The US average is $37,638 a year.
- The Median household income of a Follett (zip 79034) resident is $70,208 a year. The US average is $69,021 a year.