Pennington, TX 75856 is a small town located in the southeastern part of the state. The 2 bedroom rent is $930, which is lower than the national average of $1,430. Pennington has a Grocery Cost Index of 91 compared to 100 nationally, making it a great option for those looking for affordability in their living costs. The town offers residents plenty of local amenities including stores such as R&D Sales & Service and C&T Diesel Solutions; restaurants such as Pennington Pizza Parlor and Garrett's Restaurant; and other services such as Driscoll's Tax Service. Additionally, you can enjoy recreational activities like fishing at nearby Lake Nacogdoches or visiting the historic Fort Boggy State Park. With its low cost of living and access to popular amenities, Pennington is an ideal place to live for those looking for a affordable getaway.
Pennington (zip 75856) has an unemployment rate of 8.8%. The US average is 6.0%.
Pennington (zip 75856) has seen the job market decrease by -3.2% over the last year. Future job growth over the next ten years is predicted to be 16.3%, which is lower than the US average of 33.5%.
Tax Rates for Pennington (zip 75856)
- The Sales Tax Rate for Pennington (zip 75856) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Pennington (zip 75856) 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 Pennington (zip 75856)
- The average income of a Pennington (zip 75856) resident is $46,935 a year. The US average is $37,638 a year.
- The Median household income of a Pennington (zip 75856) resident is $0 a year. The US average is $69,021 a year.