Zip 75166 (Lavon, TX) Economy


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Lavon, TX (75166) is a city in Collin County located 25 miles northeast of Dallas. With a population of over 4,800 people, Lavon offers a variety of housing options with two bedroom rents averaging $2,260 and grocery cost index at 100 compared to the US average. Although not an urban area it is close enough to offer residents plenty of activities and employment opportunities. Local companies in this area include O'Reilly Auto Parts, Murphy USA, Dick's Sporting Goods and Walmart Supercenter among others. Residents can also take advantage of numerous restaurants and entertainment venues within a few miles radius from the city limits.

Lavon (zip 75166) has an unemployment rate of 5.6%. The US average is 6.0%.

Lavon (zip 75166) has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 48.6%, which is higher than the US average of 33.5%.

Tax Rates for Lavon (zip 75166)
- The Sales Tax Rate for Lavon (zip 75166) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Lavon (zip 75166) 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 Lavon (zip 75166)
- The average income of a Lavon (zip 75166) resident is $33,127 a year. The US average is $28,555 a year.
- The Median household income of a Lavon (zip 75166) resident is $105,972 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLavon, TexasUnited States
  5.66
  -3.5%-6.2%
  48.6%33.5%
  8.3%6.2%
  0.0%4.6%
  $40,261$37,638
  $105,972$69,021
  $118,000$85,028
  Population by Occupation
  0.3%1.2%
  1.0%0.5%
  9.1%6.8%
  5.7%10.0%
  1.7%2.5%
  10.9%11.0%
  1.7%4.8%
  1.4%0.8%
  2.4%1.9%
  7.5%4.7%
  2.9%1.9%
  7.2%7.6%
  0.0%0.1%
  6.7%4.2%
  11.1%9.3%
  13.0%14.0%
  0.2%2.1%
  4.7%7.0%
  7.2%4.8%
  5.2%4.7%
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