Hereford, TX is a great place to live with a population of 7,790. It's known for its rural countryside and small-town charm, making it an ideal place for people looking for a peaceful home away from the hustle and bustle of city living. The average two bedroom rent in Hereford comes in at around $950, which is significantly lower than the national average of $1,430. Hereford also offers great value when it comes to grocery costs as their index sits at 90 compared to the national average of 100. On top of this, Hereford has plenty of local attractions and businesses that make it a great place to call home. Local businesses include cafes such as Donut Delite Cafe & Bakery and Bluebonnet Cafe, providing residents with delicious breakfast spots. There are also some fantastic outdoor attractions such as the Wild West Waterpark and Blackwater Draw Museum & Natural History Site that will keep visitors entertained for hours on end. Overall, Hereford is a great place to live with plenty of local amenities to enjoy.
Hereford (zip 79045) has an unemployment rate of 4.6%. The US average is 6.0%.
Hereford (zip 79045) has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 15.6%, which is lower than the US average of 33.5%.
Tax Rates for Hereford (zip 79045)
- The Sales Tax Rate for Hereford (zip 79045) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Hereford (zip 79045) is 0.0%. The US average is 4.6%.
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Income and Salaries for Hereford (zip 79045)
- The average income of a Hereford (zip 79045) resident is $22,859 a year. The US average is $37,638 a year.
- The Median household income of a Hereford (zip 79045) resident is $50,072 a year. The US average is $69,021 a year.