Zip 78566 (Los Fresnos, TX) Economy


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Los Fresnos, TX is a small city located in Cameron County with a population of approximately 7,000 people. It is known for its quaint downtown area filled with unique shops and restaurants. The average 2 bedroom rent in Los Fresnos is $910 per month compared to the national average of $1,430. This makes it an ideal place to live for those looking for more affordable housing options. Additionally, the Grocery Cost Index in Los Fresnos is 90 versus the national average of 100. This means that local residents can expect to pay slightly less than the national average on food items.
Local businesses in Los Fresnos include restaurants such as La Palapa Mexican Restaurant and Sal's Cafe & Bakery; retail stores such as Coastal Home Decor and Big Boys Sports Apparel; and other services like Bert Ogden Chevrolet Buick GMC and Coastline Utility Solutions.
Overall, Los Fresnos provides its residents with appealing affordable housing options and lower-than-average grocery prices which make it an attractive place to both live and work. With a thriving downtown area full of unique businesses, it’s easy to see why many people call Los Fresnos home!

Los Fresnos (zip 78566) has an unemployment rate of 10.0%. The US average is 6.0%.

Los Fresnos (zip 78566) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 27.7%, which is lower than the US average of 33.5%.

Tax Rates for Los Fresnos (zip 78566)
- The Sales Tax Rate for Los Fresnos (zip 78566) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Los Fresnos (zip 78566) 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 Los Fresnos (zip 78566)
- The average income of a Los Fresnos (zip 78566) resident is $14,143 a year. The US average is $28,555 a year.
- The Median household income of a Los Fresnos (zip 78566) resident is $46,660 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLos Fresnos, TexasUnited States
  106
  -3.6%-6.2%
  27.7%33.5%
  6.3%6.2%
  0.0%4.6%
  $19,540$37,638
  $46,660$69,021
  $53,424$85,028
  Population by Occupation
  2.3%1.2%
  1.0%0.5%
  10.9%6.8%
  7.3%10.0%
  1.0%2.5%
  9.0%11.0%
  6.0%4.8%
  0.9%0.8%
  1.1%1.9%
  3.2%4.7%
  1.5%1.9%
  1.6%7.6%
  0.0%0.1%
  4.3%4.2%
  14.1%9.3%
  15.4%14.0%
  1.2%2.1%
  7.1%7.0%
  3.3%4.8%
  8.7%4.7%
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