El Chaparral, TX is an attractive residential destination due to its reasonable cost of living. Average two-bedroom rent in El Chaparral is $860 compared to $1,430 in the US on average. The Grocery Cost Index in El Chaparral stands at 89 versus 100 in the US, making groceries more affordable here. The city has a number of notable companies such as El Chaparral Oil & Gas, Inc., Jones Precision Products, and Texas Tech Federal Credit Union. It also boasts a handful of bars, restaurants, and shops that cater to locals and tourists alike. All these factors make El Chaparral an excellent place to live or visit for those seeking affordability without compromising on quality or convenience.
El Chaparral has an unemployment rate of 18.4%. The US average is 6.0%.
El Chaparral 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 El Chaparral
- The Sales Tax Rate for El Chaparral is 8.3%. The US average is 7.3%.
- The Income Tax Rate for El Chaparral 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 El Chaparral
- The average income of a El Chaparral resident is $22,495 a year. The US average is $37,638 a year.
- The Median household income of a El Chaparral resident is $0 a year. The US average is $69,021 a year.