Tom Bean, TX is a small and charming city located in Grayson County. With a population of around 753 citizens, it offers a quiet and peaceful lifestyle. The average rent for a two-bedroom home here is $1,100 which is lower than the average across the US of $1,430. Additionally, the grocery cost index here is 95 compared to 100 across the US. \nTom Bean has many local businesses that serve the needs of its community. There are locally owned hardware stores such as Tom Bean True Value Hardware where residents can purchase supplies for their homes and yards. For clothing and accessories there are stores like Johnsons Boutique & Gifts or Cuts & Curves Salon. Other shops include Grocery Express and Jay’s Fish Market where customers can find all their essential food items plus seafood specialties. Restaurants like El Charrito Mexican Restaurant or The Wildflower Cafe offer tasty meals for residents to enjoy while shopping in Tom Bean.
Tom Bean (zip 75489) has an unemployment rate of 5.7%. The US average is 6.0%.
Tom Bean (zip 75489) has seen the job market increase by 2.7% 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 Tom Bean (zip 75489)
- The Sales Tax Rate for Tom Bean (zip 75489) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Tom Bean (zip 75489) 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 Tom Bean (zip 75489)
- The average income of a Tom Bean (zip 75489) resident is $29,866 a year. The US average is $37,638 a year.
- The Median household income of a Tom Bean (zip 75489) resident is $63,750 a year. The US average is $69,021 a year.