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El Rancho Vela, TX Economy
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United States
/
Texas
/
Rio Grande City-Roma Metro Area
/
Starr County
/ El Rancho Vela /
Zip Codes
EXPLORE EL RANCHO VELA
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El Rancho Vela, TX is an affordable place to live with lower costs than the national average. The two bedroom rent in El Rancho Vela is $860 compared to the US rate of $1,430. In addition, the Grocery Cost Index in El Rancho Vela is 89 versus 100 in the US, indicating a lower cost for food as well. Local businesses include grocery stores like JK Food Mart along with restaurants such as Las Palmas Mexican Restaurant. These are just some of the many companies that offer services to residents and visitors of El Rancho Vela. Overall, thanks to lower prices on everyday necessities like rent and groceries in El Rancho Vela the cost of living is favorable for those looking for an affordable alternative to other Texas cities.
Income by Population Percent
Economy
El Rancho Vela, Texas
United States
Unemployment Rate
18.4
6
Recent Job Growth
-4.0%
-6.2%
Future Job Growth
21.5%
33.5%
Sales Taxes
6.3%
6.2%
Income Tax
0.0%
4.6%
Income per Cap.
$22,616
$37,638
Household Income
69021
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