Malakoff, Texas is a small city located in Henderson county. It's population is estimated to be 1,857 people according to the 2019 U.S. Census. Malakoff has a median 2 bedroom rent of $930 which is lower than the national average of $1,430. The Grocery Cost Index in Malakoff is 95 versus 100 in the US making groceries cost less here than other places. This makes it an ideal place for families looking for a more affordable cost of living.
In Malakoff there are local companies such as Tread-Rite Tire & Automotive and Keyes Grocery that offer services and goods to its residents. There are also many amenities available including a public library, parks, municipal swimming pool and tennis courts. For those who enjoy outdoor activities, the surrounding areas boast beautiful lakeside views as well as plenty of hiking trails to explore the vast beauty of East Texas.
Malakoff (zip 75148) has an unemployment rate of 6.5%. The US average is 6.0%.
Malakoff (zip 75148) has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 38.0%, which is higher than the US average of 33.5%.
Tax Rates for Malakoff (zip 75148)
- The Sales Tax Rate for Malakoff (zip 75148) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Malakoff (zip 75148) 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 Malakoff (zip 75148)
- The average income of a Malakoff (zip 75148) resident is $19,399 a year. The US average is $28,555 a year.
- The Median household income of a Malakoff (zip 75148) resident is $51,500 a year. The US average is $69,021 a year.