East Alto Bonito, TX Economy


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East Alto Bonito, TX is a small city located in Texas. It has plenty of amenities for its residents, including low 2 bedroom rent rates of $860 compared to the US average of $1,430. The grocery cost index in East Alto Bonito is also lower than that of the US with 89 versus 100. Local businesses are aplenty in East Alto Bonito, such as Sam's Steakhouse and Bakery, John's Hardware Store, Jack's Auto Repair, and Gertie's Grocery. These businesses serve the local community and provide employment opportunities for residents.

East Alto Bonito has an unemployment rate of 18.4%. The US average is 6.0%.

East Alto Bonito has seen the job market decrease by -4.0% over the last year. Future job growth over the next ten years is predicted to be 21.5%, which is lower than the US average of 33.5%.

Tax Rates for East Alto Bonito
- The Sales Tax Rate for East Alto Bonito is 8.3%. The US average is 7.3%.
- The Income Tax Rate for East Alto Bonito 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 East Alto Bonito
- The average income of a East Alto Bonito resident is $14,784 a year. The US average is $37,638 a year.
- The Median household income of a East Alto Bonito resident is $29,432 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEast Alto Bonito, TexasUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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