Hamlin, TX is a small town with a population of around 1,100 and has an ideal setting for those looking to live in an area that offers both rural charm and easy access to urban areas. The average two-bedroom rent in Hamlin is $840, much lower than the US average of $1,430. The local cost of living index is also significantly lower than the US index, at 88 versus 100. This makes it easier for people to enjoy the small-town life without sacrificing the amenities provided by larger cities.
When it comes to shopping and entertainment options, Hamlin residents have many local companies to choose from. There are a variety of retail stores offering everything from clothing and home goods to groceries and electronics, as well as service centers such as auto repair shops, physical therapy clinics, beauty salons, printing services, and more. For dining out or grabbing a quick bite on the go there are several restaurants available including Mexican eateries, coffee shops, bakeries and diners.
Hamlin (zip 79520) has an unemployment rate of 8.3%. The US average is 6.0%.
Hamlin (zip 79520) has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 25.6%, which is lower than the US average of 33.5%.
Tax Rates for Hamlin (zip 79520)
- The Sales Tax Rate for Hamlin (zip 79520) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Hamlin (zip 79520) 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 Hamlin (zip 79520)
- The average income of a Hamlin (zip 79520) resident is $24,231 a year. The US average is $37,638 a year.
- The Median household income of a Hamlin (zip 79520) resident is $60,100 a year. The US average is $69,021 a year.