Southmayd, TX (zip code 76268) is a small town with an estimated population of 563 people. The average two bedroom rental rate in Southmayd is $1,070, which is cheaper than the US average of $1,430. This makes Southmayd an attractive option for renters looking for affordable housing. Additionally, the grocery cost index in Southmayd stands at 91 compared to the US average of 100, making it even more economical to live here.
Local businesses in Southmayd include Brown’s Store, providing general merchandise and everyday needs; Bar 207 Saloon offering drinks and entertainment; and Clear Fork Vineyards & Winery where visitors can sample local wines. There are several other locally-owned restaurants, convenience stores, and antique shops that contribute to the town’s vibrant economy.
Southmayd (zip 76268) has an unemployment rate of 5.7%. The US average is 6.0%.
Southmayd (zip 76268) has seen the job market decrease by -3.0% over the last year. Future job growth over the next ten years is predicted to be 38.9%, which is higher than the US average of 33.5%.
Tax Rates for Southmayd (zip 76268)
- The Sales Tax Rate for Southmayd (zip 76268) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Southmayd (zip 76268) 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 Southmayd (zip 76268)
- The average income of a Southmayd (zip 76268) resident is $24,569 a year. The US average is $37,638 a year.
- The Median household income of a Southmayd (zip 76268) resident is $64,531 a year. The US average is $69,021 a year.