Powderly, Texas (75473) is a small rural town located in Lamar County. The median 2 bedroom rent in Powderly is $850, which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index is 96 - 4 points lower than the US average. Powderly's main industries are farming and ranching, however there are several locally owned businesses that provide goods and services to its residents. These businesses include: D&M Auto Supply, which offers auto parts and accessories; Country Home Insurance Agency, offering insurance policies; JC Farm & Ranch Equipment providing agricultural supplies; and JW Hardware Store selling tools and home improvement items.
Powderly (zip 75473) has an unemployment rate of 7.2%. The US average is 6.0%.
Powderly (zip 75473) has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 45.8%, which is higher than the US average of 33.5%.
Tax Rates for Powderly (zip 75473)
- The Sales Tax Rate for Powderly (zip 75473) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Powderly (zip 75473) 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 Powderly (zip 75473)
- The average income of a Powderly (zip 75473) resident is $35,166 a year. The US average is $37,638 a year.
- The Median household income of a Powderly (zip 75473) resident is $75,045 a year. The US average is $69,021 a year.