Butterfield, TX Economy


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Butterfield, TX is a popular small town with an array of amenities and activities to enjoy. The cost of living in Butterfield is notably lower than the US average, with a 2 bedroom rent coming in at $1,200 compared to $1,430 across the country. Similarly, the Grocery Cost Index in Butterfield is 93 versus 100 in the US. Notable local businesses include Andrew's Auto Repair Shop and Susie's Diner, both of which have provided excellent service to local residents for years. Furthermore, according to recent reports, there are only 17 crimes per 1,000 people in Butterfield—one of the lowest rates in the nation!

Butterfield has an unemployment rate of 7.8%. The US average is 6.0%.

Butterfield 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 35.7%, which is higher than the US average of 33.5%.

Tax Rates for Butterfield
- The Sales Tax Rate for Butterfield is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Butterfield 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 Butterfield
- The average income of a Butterfield resident is $5,605 a year. The US average is $28,555 a year.
- The Median household income of a Butterfield resident is $2,499 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyButterfield, TexasUnited States
  7.86
  -4.2%-6.2%
  35.7%33.5%
  8.3%6.2%
  0.0%4.6%
  $6,287$37,638
  $2,499$69,021
  $2,499$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  10.0%6.8%
  0.0%10.0%
  0.0%2.5%
  40.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  16.7%4.2%
  33.3%9.3%
  0.0%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
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