Kenefick, TX Economy


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Kenefick, TX is an attractive city for those looking for a place to call home due to its affordability. A 2 bedroom apartment rents for $1,090, which is significantly lower than the national average of $1,430. Additionally, the cost of groceries in Kenefick is 5% cheaper than the US average. These savings can certainly add up over time, making Kenefick an ideal location for budget-minded individuals and families. \nThe city is also home to many notable local companies. For instance, K&G Farms offers fresh produce year round and Ryan's Trucking provides reliable freight transportation services in the region. With these businesses providing quality local jobs and a variety of recreational activities at nearby Lake O' The Pinesk, Kenefick has something to offer everyone who chooses to call it home.

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

Kenefick has seen the job market decrease by -5.6% 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 Kenefick
- The Sales Tax Rate for Kenefick is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Kenefick 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 Kenefick
- The average income of a Kenefick resident is $34,136 a year. The US average is $37,638 a year.
- The Median household income of a Kenefick resident is $65,917 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKenefick, TexasUnited States
  11.36
  -5.6%-6.2%
  32.4%33.5%
  6.8%6.2%
  0.0%4.6%
  $34,136$37,638
  $65,917$69,021
  $60,000$85,028
  Population by Occupation
  0.0%1.2%
  1.1%0.5%
  13.8%6.8%
  11.0%10.0%
  1.7%2.5%
  7.9%11.0%
  12.4%4.8%
  2.3%0.8%
  0.0%1.9%
  0.0%4.7%
  3.4%1.9%
  0.0%7.6%
  0.0%0.1%
  12.7%4.2%
  12.4%9.3%
  12.1%14.0%
  0.6%2.1%
  0.0%7.0%
  5.9%4.8%
  2.5%4.7%
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