Zip 79119 (Amarillo, TX) Economy


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Amarillo, TX is a great city for those looking to rent a 2 bedroom apartment as the average rent in 79119 Amarillo is $1,110 per month versus the US average of $1,430. Additionally, living in Amarillo is fairly inexpensive as the local grocery cost index is 98 compared to the national average of 100. There are many well-known local companies such as Globe Life Insurance Group, United Supermarkets and Owens Corning located in Amarillo. These companies provide employment opportunities for many locals and contribute to the local economy.

Amarillo (zip 79119) has an unemployment rate of 4.9%. The US average is 6.0%.

Amarillo (zip 79119) has seen the job market increase by 1.9% 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 Amarillo (zip 79119)
- The Sales Tax Rate for Amarillo (zip 79119) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Amarillo (zip 79119) 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 Amarillo (zip 79119)
- The average income of a Amarillo (zip 79119) resident is $41,757 a year. The US average is $28,555 a year.
- The Median household income of a Amarillo (zip 79119) resident is $82,032 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAmarillo, TexasUnited States
  4.96
  -3.2%-6.2%
  31.5%33.5%
  6.8%6.2%
  0.0%4.6%
  $51,864$37,638
  $82,032$69,021
  $119,081$85,028
  Population by Occupation
  2.0%1.2%
  1.1%0.5%
  7.0%6.8%
  7.1%10.0%
  2.7%2.5%
  8.8%11.0%
  4.8%4.8%
  1.6%0.8%
  0.3%1.9%
  5.4%4.7%
  3.1%1.9%
  6.2%7.6%
  0.0%0.1%
  3.3%4.2%
  8.5%9.3%
  20.9%14.0%
  1.5%2.1%
  6.0%7.0%
  3.0%4.8%
  6.7%4.7%
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