Abilene Metro Area, TX Economy


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United States / Texas / Abilene Metro Area / Counties / Cities / Zip Codes
Abilene, TX Metro Area is an attractive place to live in. It has many great features that make it appealing for people who are looking for a new location to call home. Rent for a two-bedroom apartment averages around $1,010, making it significantly cheaper than the national average of $1,430. The grocery cost index here is also much lower than the national index at 91 versus 100 respectively. Abilene is home to several major companies including AT&T Mobility and Southwestern Bell Telephone Company which both provide telecommunications services, and First Financial Bank with branches across Texas. Overall, Abilene provides affordable living in addition to access to quality jobs and services.

Abilene Metro Area has an unemployment rate of 5.8%. The US average is 6.0%.

Abilene Metro Area 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 31.5%, which is lower than the US average of 33.5%.

Tax Rates for Abilene Metro Area
- The Sales Tax Rate for Abilene Metro Area is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Abilene Metro Area 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 Metro Area
- The average income of a Abilene Metro Area resident is $22,373 a year. The US average is $28,555 a year.
- The Median household income of a Abilene Metro Area resident is $57,356 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAbilene, TexasUnited States
  5.86
  -3.6%-6.2%
  31.5%33.5%
  8.3%6.2%
  0.0%4.6%
  $28,402$37,638
  $57,356$69,021
  $71,098$85,028
  Population by Occupation
  1.2%1.2%
  1.8%0.5%
  7.1%6.8%
  6.9%10.0%
  1.9%2.5%
  12.3%11.0%
  4.3%4.8%
  1.4%0.8%
  1.0%1.9%
  5.6%4.7%
  1.5%1.9%
  3.5%7.6%
  0.0%0.1%
  3.4%4.2%
  11.7%9.3%
  16.9%14.0%
  1.5%2.1%
  6.9%7.0%
  4.9%4.8%
  6.3%4.7%
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