77995 Yoakum, TX is a charming small-town located in Texas. The cost of living here is significantly cheaper than the US average, evidenced by a 2 Bedroom rent at $980, compared to the US average of $1430. Groceries are also more affordable here with groceries costing 89 on the Cost Index versus 100 across the US. Local companies that contribute to the economy include Rosewood Feed Store, Yoakum Grain Co., and Yoakum Tire & Automotive. Since many people move to this area for its affordability and diversity of local businesses, it remains an attractive community for prospective residents.
Yoakum (zip 77995) has an unemployment rate of 5.9%. The US average is 6.0%.
Yoakum (zip 77995) has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 23.3%, which is lower than the US average of 33.5%.
Tax Rates for Yoakum (zip 77995)
- The Sales Tax Rate for Yoakum (zip 77995) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Yoakum (zip 77995) 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 Yoakum (zip 77995)
- The average income of a Yoakum (zip 77995) resident is $25,097 a year. The US average is $37,638 a year.
- The Median household income of a Yoakum (zip 77995) resident is $52,953 a year. The US average is $69,021 a year.