Farwell, Texas 

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United States / Texas / No Metro Area / Parmer County / Farwell / Zip Codes
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Economy in Farwell, Texas

Farwell has an unemployment rate of 3.3%. The US average is 6.0%.

Farwell has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.

Tax Rates for Farwell
- The Sales Tax Rate for Farwell is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Farwell 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 Farwell
- The average income of a Farwell resident is $21,780 a year. The US average is $28,555 a year.
- The Median household income of a Farwell resident is $43,368 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYFarwell, TexasUnited States
  3.3%6.0%
  0.6%-6.2%
  24.7%33.5%
  7.8%6.2%
  0.0%4.6%
  $22,693$31,177
  $42,589$57,652
  $51,563$70,850
  POPULATION BY OCCUPATION
  10.0%1.3%
  0.0%0.6%
  9.3%6.2%
  7.0%10.4%
  3.3%2.7%
  9.3%11.6%
  8.0%4.1%
  0.0%0.9%
  1.7%2.1%
  5.2%4.7%
  0.0%1.9%
  7.2%6.7%
  0.0%0.1%
  2.3%4.3%
  8.2%9.3%
  14.9%13.8%
  3.1%2.2%
  2.0%7.4%
  6.5%4.9%
  2.1%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 6%)
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    ZIP CODES IN FARWELL, TEXAS
    79325


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