Ralls, TX Economy


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Ralls, TX is a small town in the Texas Panhandle located near the New Mexico border. It is home to a variety of local businesses, such as Ralls Feed Store and Faulkland Farms. Additionally, there are many recreational activities in the area, including fishing and hunting near Lake Mackenzie and camping at Caprock Canyon State Park. The cost of living in Ralls is extremely affordable; the average 2 bedroom rent is only $860 per month compared to the US average of $1,430, and grocery cost index is 89 versus 100 in the US. With its affordability and range of activities Ralls is an ideal location for families looking to relocate.

Ralls has an unemployment rate of 6.4%. The US average is 6.0%.

Ralls has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 23.6%, which is lower than the US average of 33.5%.

Tax Rates for Ralls
- The Sales Tax Rate for Ralls is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Ralls 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 Ralls
- The average income of a Ralls resident is $14,915 a year. The US average is $28,555 a year.
- The Median household income of a Ralls resident is $43,571 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRalls, TexasUnited States
  6.46
  -4.1%-6.2%
  23.6%33.5%
  8.3%6.2%
  0.0%4.6%
  $20,080$37,638
  $43,571$69,021
  $53,843$85,028
  Population by Occupation
  8.2%1.2%
  0.5%0.5%
  16.5%6.8%
  3.9%10.0%
  0.1%2.5%
  12.2%11.0%
  3.9%4.8%
  0.0%0.8%
  0.4%1.9%
  1.0%4.7%
  0.0%1.9%
  4.3%7.6%
  0.0%0.1%
  7.3%4.2%
  5.4%9.3%
  15.5%14.0%
  0.5%2.1%
  9.0%7.0%
  3.7%4.8%
  7.6%4.7%
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