Fabens, TX Economy


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Fabens, TX is a small town located in El Paso County. It is a vibrant community with plenty of local businesses to explore. The rent for two bedroom apartments in Fabens is significantly lower than the national average of $1430, making it a great choice for those looking to save money on their housing costs. Grocery costs are also highly affordable with an index score of 88 compared to the national index of 100. Local businesses in Fabens include Casa De Los Milagros Antiques, Chilli's Country Store, and Rita's Laughlin Construction. Overall, Fabens has a relatively low cost of living which makes it an attractive place to live for many people.

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

Fabens 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 Fabens
- The Sales Tax Rate for Fabens is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Fabens 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 Fabens
- The average income of a Fabens resident is $8,472 a year. The US average is $28,555 a year.
- The Median household income of a Fabens resident is $29,892 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFabens, TexasUnited States
  7.86
  -4.2%-6.2%
  35.7%33.5%
  7.3%6.2%
  0.0%4.6%
  $13,568$37,638
  $29,892$69,021
  $34,333$85,028
  Population by Occupation
  3.4%1.2%
  0.6%0.5%
  4.8%6.8%
  6.9%10.0%
  3.3%2.5%
  16.6%11.0%
  12.1%4.8%
  2.6%0.8%
  0.0%1.9%
  1.0%4.7%
  0.0%1.9%
  1.1%7.6%
  0.0%0.1%
  1.5%4.2%
  10.2%9.3%
  18.7%14.0%
  0.0%2.1%
  8.9%7.0%
  2.0%4.8%
  6.2%4.7%
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