Devers, TX Economy


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Devers, TX is a small rural town located in central Texas. It has a population of roughly 1,000 people and offers affordable living costs compared to the national average. The average two bedroom rent in Devers is $990 while the US average is $1,430. Additionally, grocery costs are lower with an index of 95 versus 100 nationally.
The local economy of Devers is primarily driven by family owned businesses such as the Miller Dairy Farm and Prichard Family Ranch. Other local companies include Lewis Lumber Co., A&P Auto Repair, and Devers Veterinary Clinic.

Devers has an unemployment rate of 11.3%. The US average is 6.0%.

Devers has seen the job market increase by 3.1% over the last year. Future job growth over the next ten years is predicted to be 32.4%, which is lower than the US average of 33.5%.

Tax Rates for Devers
- The Sales Tax Rate for Devers is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Devers 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 Devers
- The average income of a Devers resident is $20,268 a year. The US average is $28,555 a year.
- The Median household income of a Devers resident is $58,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDevers, TexasUnited States
  11.36
  -5.6%-6.2%
  32.4%33.5%
  6.8%6.2%
  0.0%4.6%
  $29,405$37,638
  $58,750$69,021
  $60,875$85,028
  Population by Occupation
  5.6%1.2%
  0.0%0.5%
  12.0%6.8%
  1.6%10.0%
  0.0%2.5%
  16.8%11.0%
  13.6%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  16.0%7.6%
  0.0%0.1%
  0.0%4.2%
  8.8%9.3%
  8.0%14.0%
  0.0%2.1%
  8.0%7.0%
  1.6%4.8%
  8.0%4.7%
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