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Encino, TX Economy
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Encino, TX is a small town located in the Rio Grande Valley. It is known for its friendly atmosphere and affordable living costs. The average 2 bedroom rent in Encino is $720 – significantly lower than the US average of $1,430. Additionally, the cost of groceries in Encino is 89 compared to 100 nationwide, making it a great place to save money on basic necessities.
The local economy around Encino is largely agricultural-based, with cotton being one of the major crops grown in the area. There are also several small businesses that operate within Encino and its surrounding areas such as Rodriguez Fencing, La Joya Greenhouse & Nursery, and McAllen Tractor Company. These local companies provide job opportunities and play an important role in driving the economic growth of this small town.
Income by Population Percent
Economy
Encino, Texas
United States
Unemployment Rate
11
6
Recent Job Growth
-6.5%
-6.2%
Future Job Growth
16.7%
33.5%
Sales Taxes
6.8%
6.2%
Income Tax
0.0%
4.6%
Income per Cap.
$7,103
$37,638
Household Income
69021
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