Wellman, Texas is an unincorporated community in Williamson County, located 79 miles away from the capital city of Austin. The population of Wellman is estimated to be around 542 people according to the most recent US Census data. A two-bedroom rental in Wellman is significantly more affordable than other parts of the country, with a median rent of $840 compared to $1,430 nationally. The cost of living here is also relatively low; the grocery cost index for Wellman stands at 88, while it's at 100 nationwide.
Wellman is home to several businesses and organizations such as Coors Garage Doors & Openers, Texas Greyhound Adoption Program and Shear Reflections Hair Salon. If you're looking for a little excitement then just 395 feet away from Wellman lies La Willy’s Speedway, where locals can enjoy dirt track racing events throughout the year. Visitors can also check out local stores like Lucio’s Feed Store which has been providing products to the area since 1989 or explore the 462 acres of parklands provided by the City of Georgetown for outdoor activities like fishing and boating.
Wellman (zip 79378) has an unemployment rate of 7.5%. The US average is 6.0%.
Wellman (zip 79378) has seen the job market decrease by -6.8% over the last year. Future job growth over the next ten years is predicted to be 16.2%, which is lower than the US average of 33.5%.
Tax Rates for Wellman (zip 79378)
- The Sales Tax Rate for Wellman (zip 79378) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Wellman (zip 79378) 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 Wellman (zip 79378)
- The average income of a Wellman (zip 79378) resident is $25,482 a year. The US average is $37,638 a year.
- The Median household income of a Wellman (zip 79378) resident is $79,500 a year. The US average is $69,021 a year.