The small town of Hemphill, TX (zip code 75948) is known for its affordable housing. The average 2 bedroom rent is a mere $850 a month, which is much less than the national average rent of $1,430. Additionally, grocery costs in this region are lower than the country as a whole with an index score of 92 compared to 100. Residents of Hemphill have access to local stores such as Brookshire Brothers and Family Dollar for everyday needs, while additional shopping can be done at larger retail stores like Walmart Supercenter and H-E-B Plus! Shopping Center. The low cost of living in Hemphill makes it an attractive option for many families who want to save money while still living close to home.
Hemphill (zip 75948) has an unemployment rate of 11.0%. The US average is 6.0%.
Hemphill (zip 75948) has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Hemphill (zip 75948)
- The Sales Tax Rate for Hemphill (zip 75948) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Hemphill (zip 75948) 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 Hemphill (zip 75948)
- The average income of a Hemphill (zip 75948) resident is $35,212 a year. The US average is $37,638 a year.
- The Median household income of a Hemphill (zip 75948) resident is $40,938 a year. The US average is $69,021 a year.