La Ward, TX Economy


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United States / Texas / No Metro Area / Jackson County / La Ward / Zip Codes
La Ward, TX is a quaint city located in the heart of Texas. It is home to many local businesses such as La Ward Produce, Coastline Home Improvement, and El Rancho Restaurant. Rent in La Ward for two bedrooms is significantly lower than the average rent in the United States which stands at $1,430. The Grocery Cost Index in La Ward is 101 versus 100 in the US - making it 1% more expensive than the average American grocery store. All in all, La ward provides excellent value for money with low rent prices and a slightly higher cost of groceries compared to the USA average.

La Ward has an unemployment rate of 6.1%. The US average is 6.0%.

La Ward has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 25.9%, which is lower than the US average of 33.5%.

Tax Rates for La Ward
- The Sales Tax Rate for La Ward is 8.3%. The US average is 7.3%.
- The Income Tax Rate for La Ward 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 La Ward
- The average income of a La Ward resident is $20,971 a year. The US average is $28,555 a year.
- The Median household income of a La Ward resident is $67,292 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLa Ward, TexasUnited States
  6.16
  -5.4%-6.2%
  25.9%33.5%
  8.3%6.2%
  0.0%4.6%
  $23,902$37,638
  $67,292$69,021
  $70,000$85,028
  Population by Occupation
  13.5%1.2%
  4.1%0.5%
  23.6%6.8%
  19.6%10.0%
  2.0%2.5%
  0.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  3.4%4.2%
  10.1%9.3%
  2.7%14.0%
  0.0%2.1%
  7.4%7.0%
  13.5%4.8%
  0.0%4.7%
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