Chillicothe, TX is a small town located in Hardeman County with a population of approximately 1,000 people. The town is known for its low cost of living and affordable housing prices. The 2 bedroom rent in Chillicothe is around $750 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Chillicothe is 88 compared to 100 nationally, making it even more affordable to live in this small Texas town. Local companies include J &M Concrete Services, which provides concrete services; and Chisholm Trail Industrial Co., Inc., an industrial supplier. For those seeking some outdoor recreation, there are several parks located nearby including Lake Diversion Park, Camp Eagle Park and Cedar Lake Park. With its low cost of living and an abundance of local companies and outdoor recreation opportunities, Chillicothe is an excellent place to call home.
Chillicothe has an unemployment rate of 5.7%. The US average is 6.0%.
Chillicothe has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 31.6%, which is lower than the US average of 33.5%.
Tax Rates for Chillicothe
- The Sales Tax Rate for Chillicothe is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Chillicothe is 0.0%. The US average is 4.6%.
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Income and Salaries for Chillicothe
- The average income of a Chillicothe resident is $24,883 a year. The US average is $37,638 a year.
- The Median household income of a Chillicothe resident is $64,167 a year. The US average is $69,021 a year.