During the last recession, Dumas demonstrated continued economic growth as evidenced by our retail sales revenues. Our community is so diverse that even when one of our industries experience losses, the others continue to carry the economy forward. The cost of doing business and the cost of living are major advantages of Dumas. Residents benefit from an overall cost of living that is consistently below the U.S. average and costs associated with doing business in Dumas afford a higher business revenue. Job growth is a healthy 1.4%, surpassing the national average by a full 1%! Take a look at the data below to find out more.
Our cost of living indices are based on a US average of 100. An amount below 100 means Dumas, TX is cheaper than the US average. A cost of living index above 100 means Dumas, TX is more expensive. Overall, Dumas, TX cost of living is an astounding 82.10.
One of the most impressive trends that we have seen in Dumas is the increased local sales. As of 2006, Dumas is doing better than the rest of the nation in retail growth persistence and strength. More money per capita is changing hands in Dumas than almost anywhere else!
We are experiencing a 6% increase in new businesses over the past 5 years, while the nation as a whole is experiencing a 5 year loss of 6%! Dumas leads the state of Texas in most economic data, and we know doing business in Texas just sells itself!
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