Abilene, TX Economy


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Abilene, TX is a great city to live in and offers a lot of advantages. With rental prices for two-bedroom apartments below the national average at only $1,010 per month, Abilene is an affordable place to live. Additionally, general groceries can be purchased for less than the national average - 92 on the Grocery Cost Index compared to 100 in the US. \nLiving in Abilene offers many opportunities to explore the local area with countless attractions available such as Paramount Theatre, Grace Museum, The Center for Contemporary Arts, and Frontier Texas!. There are also a variety of businesses located in Abilene like South Plains Contracting Services LLC., J's Professional Painting LLC., Bulldog Mobile Detailing Inc., and C&C Auto Repair. All these companies and attractions make living in Abilene exciting and enjoyable.

Abilene has an unemployment rate of 5.6%. The US average is 6.0%.

Abilene has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 31.7%, which is lower than the US average of 33.5%.

Tax Rates for Abilene
- The Sales Tax Rate for Abilene is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Abilene 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 Abilene
- The average income of a Abilene resident is $21,095 a year. The US average is $28,555 a year.
- The Median household income of a Abilene resident is $54,493 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAbilene, TexasUnited States
  5.66
  -3.6%-6.2%
  31.7%33.5%
  8.3%6.2%
  0.0%4.6%
  $27,397$37,638
  $54,493$69,021
  $69,596$85,028
  Population by Occupation
  0.6%1.2%
  1.1%0.5%
  6.8%6.8%
  6.7%10.0%
  1.5%2.5%
  12.7%11.0%
  3.8%4.8%
  1.2%0.8%
  1.2%1.9%
  5.2%4.7%
  1.4%1.9%
  3.6%7.6%
  0.0%0.1%
  3.7%4.2%
  11.8%9.3%
  17.6%14.0%
  1.7%2.1%
  8.2%7.0%
  5.3%4.8%
  5.9%4.7%
Reviews for Abilene
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I've lived in 9 states, traveled over much of the U.S., and Abilene TEXAS is by far the best city I've ever lived. I find it beautiful here, love the climate and low  More

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Over 4 years ago

We moved to Abilene for a military assignment and have never got out of here. We stayed initially for children and grandchildren then elderly parents. Now we can't  More

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I've lived in Abilene for the last 45 years and It's the best place to raise a family. Great churches, schools, jobs and sense of community. There is always something  More

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