Big Wells, TX Economy


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United States / Texas / No Metro Area / Dimmit County / Big Wells / Zip Codes
Big Wells, TX is a small town located in the south of Texas. It is known for its affordable cost of living and pleasant atmosphere. The average two bedroom rent in Big Wells is $820 compared to the US average of $1,430. Additionally, the grocery cost index in Big Wells is 86 versus 100 in the US, making it an even more economical choice for those seeking a place to live.
The town of Big Wells has plenty to offer for residents and visitors alike. Whether it’s shopping at the local stores like Dollar General and Walmart or going out for dinner at one of the many restaurants such as Pizza Hut or Roosters, there’s something for everyone. There are also several other businesses located in Big Wells including banks like First National Bank and agricultural companies such as Texas Crop Services and Twin Pines Farms. With all these options available, it’s easy to see why so many people choose to call Big Wells home.

Big Wells has an unemployment rate of 7.0%. The US average is 6.0%.

Big Wells has seen the job market increase by 16.0% over the last year. Future job growth over the next ten years is predicted to be 34.3%, which is higher than the US average of 33.5%.

Tax Rates for Big Wells
- The Sales Tax Rate for Big Wells is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Big Wells 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 Big Wells
- The average income of a Big Wells resident is $15,145 a year. The US average is $28,555 a year.
- The Median household income of a Big Wells resident is $26,420 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBig Wells, TexasUnited States
  76
  -16.3%-6.2%
  34.3%33.5%
  7.8%6.2%
  0.0%4.6%
  $12,263$37,638
  $26,420$69,021
  $22,083$85,028
  Population by Occupation
  0.0%1.2%
  19.7%0.5%
  0.0%6.8%
  3.7%10.0%
  0.0%2.5%
  0.0%11.0%
  4.4%4.8%
  0.0%0.8%
  0.0%1.9%
  6.6%4.7%
  2.2%1.9%
  4.4%7.6%
  0.0%0.1%
  9.5%4.2%
  9.5%9.3%
  32.8%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  7.3%4.7%
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