Silverton, TX 79257 is a small rural community located in Briscoe County near the panhandle of Texas. The area is known for its agriculture industry and has several companies dedicated to farming activities such as cattle production, cotton planting, and grain crop harvest. Apart from the local businesses, Silverton also houses some popular tourist attractions such as Palo Duro Canyon State Park which offers camping, hiking, biking, and horseback riding trails. Other interesting sites in the area include Caprock Canyons Trailway Park, a historic railway that runs through canyons and bluffs carved by erosion over millions of years; Pheasant Ridge Shooting Range which hosts clay target shooting tournaments; and Lake Mackenzie Reservoir which offers fishing and boating opportunities. With an average 2 bedroom rent at $760 compared to $1430 in the US, Silverton is an affordable place to live with plenty of outdoor activities for locals to enjoy. Additionally, the Grocery Cost Index here is 89 compared to 100 in the US making it relatively cheaper for groceries.
Silverton (zip 79257) has an unemployment rate of 5.7%. The US average is 6.0%.
Silverton (zip 79257) 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 8.6%, which is lower than the US average of 33.5%.
Tax Rates for Silverton (zip 79257)
- The Sales Tax Rate for Silverton (zip 79257) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Silverton (zip 79257) 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 Silverton (zip 79257)
- The average income of a Silverton (zip 79257) resident is $24,078 a year. The US average is $37,638 a year.
- The Median household income of a Silverton (zip 79257) resident is $35,000 a year. The US average is $69,021 a year.