75847 Kennard, TX is a small town located in Houston County with an estimated population of only 459 people. Despite its small population, the area offers a variety of local businesses, including Kennard Pizza Junction, The Country Store, Tri-County Feed & Farm Supply, and Immanuel Baptist Church. The average two bedroom rent in Kennard is $800 per month while the US average is $1,430. Similarly, the grocery cost index in this area is 90 compared to 100 nationwide. As such, residents of Kennard enjoy a lower cost of living than many places in the United States.
Kennard (zip 75847) has an unemployment rate of 6.2%. The US average is 6.0%.
Kennard (zip 75847) has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 43.2%, which is higher than the US average of 33.5%.
Tax Rates for Kennard (zip 75847)
- The Sales Tax Rate for Kennard (zip 75847) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Kennard (zip 75847) 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 Kennard (zip 75847)
- The average income of a Kennard (zip 75847) resident is $21,374 a year. The US average is $37,638 a year.
- The Median household income of a Kennard (zip 75847) resident is $39,947 a year. The US average is $69,021 a year.