Economy in Red Oak, Texas
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Economy
| Unemployment Rate | 8.10% | 9.10% |
| Recent Job Growth | 1.62% | -0.12% |
| Future Job Growth | 35.14% | 31.25% |
| Sales Taxes | 8.25% | 6.80% |
| Income Taxes | 0.00% | 6.25% |
| Income per Cap. | $20,992 | $27,067 |
| Household Income | $47,862 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 10.84% | 12.10% |
| Income between 15K and 25K | 13.75% | 10.18% |
| Income between 25K and 35K | 9.92% | 10.56% |
| Income between 35K and 50K | 17.97% | 14.98% |
| Income between 50K and 75K | 19.60% | 19.53% |
| Income between 75K and 100K | 12.75% | 12.52% |
| Income between 100K and 150K | 12.23% | 12.14% |
| Income between 150K and 250K | 1.83% | 3.91% |
| Income between 250K and 500K | 0.88% | 3.34% |
| Income greater than 500K | 0.24% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 14.66% | 13.81% |
| Professional and Related Occupations | 23.04% | 22.68% |
| Service | 16.06% | 14.51% |
| Sales and Office | 30.35% | 25.22% |
| Farming, Fishing, and Forestry | 0.18% | 0.68% |
| Construction, Extraction, and Maintenance | 16.84% | 9.37% |
| Production, Transportation, and Material Moving | 20.54% | 15.86% |
The unemployment rate in Red Oak, TX, is 8.10%, with job growth of 1.62%. Future job growth over the next ten years is predicted to be 35.14%.
Red Oak, TX Taxes
Red Oak, TX,sales tax rate is 8.25%. Income tax is 0.00%.
Red Oak, TX Income and Salaries
The income per capita is $20,992, which includes all adults and children. The median household income is $47,862.
Red Oak Economy SperlingViews
Not what it used to be: The small, charming country town that I moved to 26 years ago sadly doesn't exist anymore. Our city is poorly governed and that is one major reason why business interest... (read more)Awful experience: I wouldn't recommend Red Oak as a place to live. I moved to the area from Tyler four years ago to take a job in Dallas. I did my research on areas south of Dallas and... (read more)Have an opinion about Red Oak? Leave a commentTo See All SperlingViews for Red Oak Click Here
