Zip 77867 (Mumford, TX) Economy


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77867 Mumford, TX is a great place to live for those looking for affordable housing and daily essentials. The average 2 bedroom rent in the area is $950 compared to the US average of $1,430. This makes it an ideal choice for those on a tight budget. Additionally, the grocery cost index in 77867 Mumford, TX is 89 versus 100 in the US which means that food costs less than most places in America.
Residents of 77867 Mumford, TX have access to many local companies such as Allstate Insurance Agency and P & S Farms which provide employment opportunities and goods/services to members of the community. As well as quality businesses, there are plenty of schools in the area such as Mumford High School and Deaf Smith County Elementary School which offer quality learning experiences for students of all ages.

Mumford (zip 77867) has an unemployment rate of 6.5%. The US average is 6.0%.

Mumford (zip 77867) has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.

Tax Rates for Mumford (zip 77867)
- The Sales Tax Rate for Mumford (zip 77867) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Mumford (zip 77867) 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 Mumford (zip 77867)
- The average income of a Mumford (zip 77867) resident is $16,108 a year. The US average is $37,638 a year.
- The Median household income of a Mumford (zip 77867) resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMumford, TexasUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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