Abilene, TX is a city in Taylor County with an estimated population of 119,543. Abilene is known for its vibrant culture and unique attractions like Paramount Theatre, Grace Cultural Center, and 12th Armored Division Memorial Museum. In terms of cost of living, 2 bedroom rent in Abilene is $1,100 compared to the US average of $1,430. Grocery costs are also low; the Grocery Cost Index in Abilene is 96 compared to 100 for the US.
Abilene's local economy is largely based on retail trade and healthcare services. Major employers include Hendrick Medical Center, Walmart Supercenter, HEB Food Store, Lowe's Home Improvement Warehouse, and Tractor Supply Company. Other companies such as Abilene Christian University, Talon Ltd., and Kelly Plastics also provide employment opportunities to the city's inhabitants.
In conclusion, residents of Abilene enjoy a relatively low cost of living along with diverse job opportunities from local companies in a variety of industries.
Abilene (zip 79606) has an unemployment rate of 5.6%. The US average is 6.0%.
Abilene (zip 79606) 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 31.7%, which is lower than the US average of 33.5%.
Tax Rates for Abilene (zip 79606)
- The Sales Tax Rate for Abilene (zip 79606) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Abilene (zip 79606) 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 (zip 79606)
- The average income of a Abilene (zip 79606) resident is $29,901 a year. The US average is $28,555 a year.
- The Median household income of a Abilene (zip 79606) resident is $70,246 a year. The US average is $69,021 a year.