Milam, TX (75959) is an affordable place to live for those looking for a two bedroom residence. The average rent for a two bedroom apartment in Milam is approximately $800, which is much lower than the US average of $1,430. Additionally, the grocery cost index in Milam is 93 versus the national average of 100. In terms of local amenities, Milam has several options including Tiger Express convenience store, Long Needle Lanes bowling alley, and Top Nail Salon. Milam also offers several restaurants such as Southside Cafe and Taqueria El Desayuno. There are plenty of other stores and services available such as L&W Auto Sales and U-Haul Neighborhood Dealer. All these local businesses make it easy to get by in Milam while still saving money on rent and groceries.
Milam (zip 75959) has an unemployment rate of 11.0%. The US average is 6.0%.
Milam (zip 75959) 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 Milam (zip 75959)
- The Sales Tax Rate for Milam (zip 75959) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Milam (zip 75959) 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 Milam (zip 75959)
- The average income of a Milam (zip 75959) resident is $20,176 a year. The US average is $37,638 a year.
- The Median household income of a Milam (zip 75959) resident is $57,240 a year. The US average is $69,021 a year.