La Esperanza, TX Economy


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La Esperanza, TX is a small city located in the southern part of Texas. This area is known for its scenic beauty and friendly people. It is an affordable place to live as the average rent for two bedroom apartments is $860 per month, which is significantly lower than the national average of $1,430. Grocery costs are also low in La Esperanza with an index of 89 compared to 100 nationally.
The city has a variety of local businesses that provide services to residents and visitors alike. One such business is Johnson's Roofing, which has been providing roof repairs and installations since 1974. Another well-known company in the area is River Valley Community Bank, which provides banking services to customers throughout the region. Finally, La Esperanza Veterinary Clinic offers animal care services including vaccinations, surgery, checkups, and more.

La Esperanza has an unemployment rate of 18.4%. The US average is 6.0%.

La Esperanza 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 La Esperanza
- The Sales Tax Rate for La Esperanza is 8.3%. The US average is 7.3%.
- The Income Tax Rate for La Esperanza 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 La Esperanza
- The average income of a La Esperanza resident is $22,722 a year. The US average is $37,638 a year.
- The Median household income of a La Esperanza resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLa Esperanza, TexasUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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