Hamilton, TX 76531 is a small city located in Central Texas. The area is known for its friendly people and strong sense of community. The city offers a variety of amenities including local shopping, dining options, entertainment venues, and nearby outdoor recreation activities. When it comes to cost of living, Hamilton residents can expect reasonable prices when it comes to housing. The average 2 bedroom rent in Hamilton is $850 compared to the US average of $1,430. Similarly, groceries cost an index of 93 in Hamilton versus 100 in the US on average. There are several local businesses that make life easier for Hamilton citizens such as Big B Grocery Store where you can find everything from fresh produce to pet supplies at decent prices or Tucker’s Automotive Repair which provides quality auto repair services at affordable rates. Overall, Hamilton is a great place to live with a manageable cost of living index.
Hamilton (zip 76531) has an unemployment rate of 4.9%. The US average is 6.0%.
Hamilton (zip 76531) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 34.6%, which is higher than the US average of 33.5%.
Tax Rates for Hamilton (zip 76531)
- The Sales Tax Rate for Hamilton (zip 76531) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Hamilton (zip 76531) 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 Hamilton (zip 76531)
- The average income of a Hamilton (zip 76531) resident is $25,959 a year. The US average is $28,555 a year.
- The Median household income of a Hamilton (zip 76531) resident is $41,875 a year. The US average is $69,021 a year.