Economy in Arp, Texas
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Economy
| Unemployment Rate | 7.60% | 9.10% |
| Recent Job Growth | 0.78% | -0.12% |
| Future Job Growth | 33.96% | 31.25% |
| Sales Taxes | 7.75% | 6.80% |
| Income Taxes | 0.00% | 6.25% |
| Income per Cap. | $24,173 | $27,067 |
| Household Income | $50,155 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 6.39% | 12.10% |
| Income between 15K and 25K | 16.39% | 10.18% |
| Income between 25K and 35K | 13.33% | 10.56% |
| Income between 35K and 50K | 13.61% | 14.98% |
| Income between 50K and 75K | 22.22% | 19.53% |
| Income between 75K and 100K | 13.89% | 12.52% |
| Income between 100K and 150K | 8.34% | 12.14% |
| Income between 150K and 250K | 3.33% | 3.91% |
| Income between 250K and 500K | 2.50% | 3.34% |
| Income greater than 500K | 0.00% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 8.58% | 13.81% |
| Professional and Related Occupations | 17.16% | 22.68% |
| Service | 16.93% | 14.51% |
| Sales and Office | 18.96% | 25.22% |
| Farming, Fishing, and Forestry | 0.00% | 0.68% |
| Construction, Extraction, and Maintenance | 13.54% | 9.37% |
| Production, Transportation, and Material Moving | 19.64% | 15.86% |
The unemployment rate in Arp, TX, is 7.60%, with job growth of 0.78%. Future job growth over the next ten years is predicted to be 33.96%.
Arp, TX Taxes
Arp, TX,sales tax rate is 7.75%. Income tax is 0.00%.
Arp, TX Income and Salaries
The income per capita is $24,173, which includes all adults and children. The median household income is $50,155.
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