Escobares, TX is a small town located in South Texas near the Rio Grande River. It has a population of around 1,700 people and it's known for its peaceful atmosphere. Escobares is an affordable place to live as 2 bedroom rents are approximately $840, compared to the US average of $1,430. Additionally, the cost of groceries in Escobares is lower than the US average as well with an index of 88 versus 100 in the US. There are several local companies and attractions that make Escobares a great place to live. Some include Miguel’s Tire Shop, a family-owned business that has been servicing customers since 1975; La Perla restaurant which offers traditional Mexican dishes; and La Estancia rodeo arena which hosts regular events such as Cattle Squeeze and team roping competitions.
Escobares has an unemployment rate of 18.4%. The US average is 6.0%.
Escobares has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 21.5%, which is lower than the US average of 33.5%.
Tax Rates for Escobares
- The Sales Tax Rate for Escobares is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Escobares 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 Escobares
- The average income of a Escobares resident is $8,779 a year. The US average is $28,555 a year.
- The Median household income of a Escobares resident is $28,203 a year. The US average is $69,021 a year.