Higgins, TX Economy


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United States / Texas / No Metro Area / Lipscomb County / Higgins / Zip Codes
Higgins, Texas is a small town located in the Texas Panhandle. It has a population of just under 800 people. Despite its small size, Higgins offers an affordable cost of living when compared to the country as a whole. The average 2 bedroom rent in Higgins is $850, which is significantly lower than the national average of $1,430. Additionally, grocery costs are also much lower with an index score of 90 compared to the national score of 100. For those looking for great value and access to amenities, Higgins may be the perfect place to call home.
Higgins is home to some great local businesses such as G&L Grocery and Deli, Big Country Distribution Services, Cowboy Country Trucking Company and Richards Barbershop. Each of these businesses help give Higgins its unique charm and make it a great place to live and work.

Higgins has an unemployment rate of 4.8%. The US average is 6.0%.

Higgins has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 20.2%, which is lower than the US average of 33.5%.

Tax Rates for Higgins
- The Sales Tax Rate for Higgins is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Higgins 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 Higgins
- The average income of a Higgins resident is $25,540 a year. The US average is $28,555 a year.
- The Median household income of a Higgins resident is $63,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHiggins, TexasUnited States
  4.86
  -6.9%-6.2%
  20.2%33.5%
  6.3%6.2%
  0.0%4.6%
  $34,326$37,638
  $63,750$69,021
  $95,250$85,028
  Population by Occupation
  0.7%1.2%
  6.0%0.5%
  7.3%6.8%
  0.0%10.0%
  2.0%2.5%
  2.7%11.0%
  30.0%4.8%
  1.3%0.8%
  0.0%1.9%
  0.0%4.7%
  0.7%1.9%
  1.3%7.6%
  0.0%0.1%
  0.0%4.2%
  4.0%9.3%
  29.3%14.0%
  0.0%2.1%
  9.3%7.0%
  2.0%4.8%
  3.3%4.7%
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