Aledo, TX Economy


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Aledo, Texas is a small town situated in Parker County. It has an array of local businesses, such as Aledo Grocery, Aledo Pharmacy, and Black Hawk Cafe. On average, rent for two bedroom apartments in Aledo is $2180 while the US average is $1430. The Grocery Cost Index in Aledo is 102 versus 100 in the US which means that groceries are slightly more expensive here than in other parts of the country. Overall, the cost of living in Aledo is on par with other cities across the US.

Aledo has an unemployment rate of 5.7%. The US average is 6.0%.

Aledo has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 41.8%, which is higher than the US average of 33.5%.

Tax Rates for Aledo
- The Sales Tax Rate for Aledo is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Aledo 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 Aledo
- The average income of a Aledo resident is $26,147 a year. The US average is $28,555 a year.
- The Median household income of a Aledo resident is $112,975 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAledo, TexasUnited States
  5.76
  -3.9%-6.2%
  41.8%33.5%
  7.3%6.2%
  0.0%4.6%
  $44,019$37,638
  $112,975$69,021
  $125,000$85,028
  Population by Occupation
  0.5%1.2%
  3.9%0.5%
  7.7%6.8%
  10.3%10.0%
  2.9%2.5%
  11.5%11.0%
  4.9%4.8%
  1.5%0.8%
  1.6%1.9%
  6.0%4.7%
  1.4%1.9%
  4.7%7.6%
  0.0%0.1%
  3.3%4.2%
  9.5%9.3%
  16.2%14.0%
  1.7%2.1%
  5.3%7.0%
  1.3%4.8%
  5.9%4.7%
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