Annona, TX Economy


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United States / Texas / No Metro Area / Red River County / Annona / Zip Codes
Annona, TX is a small town located in Texas. It has an affordable cost of living with 2 bedroom rent averaging at $830 compared to $1,430 in the US. The Grocery Cost Index in Annona is 89 versus 100 in the US. This makes Annona a great place for families on a budget. Local businesses include Meyers Barbeque, Lakeside Pawn Shop, and King's Creek Floral & Garden. People who are looking for an affordable place to live should consider Annona as it provides much lower costs than other cities around the country, making it a great choice for those wanting to save money without sacrificing quality of life.

Annona has an unemployment rate of 7.3%. The US average is 6.0%.

Annona has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 38.8%, which is higher than the US average of 33.5%.

Tax Rates for Annona
- The Sales Tax Rate for Annona is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Annona 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 Annona
- The average income of a Annona resident is $14,537 a year. The US average is $28,555 a year.
- The Median household income of a Annona resident is $32,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAnnona, TexasUnited States
  7.36
  -0.6%-6.2%
  38.8%33.5%
  6.8%6.2%
  0.0%4.6%
  $12,344$37,638
  $32,500$69,021
Family Median Income 85028
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