La Feria, TX is a great place to live and work. Located in the Rio Grande Valley, it is known for its warm climate throughout the year and its proximity to other big cities like Brownsville and McAllen. The cost of living in La Feria is low compared to the US as a whole, with 2 bedroom rent costing about $840 per month versus $1,430 in the US. The Grocery Cost Index in La Feria is also 89 compared to 100 in the US.
To make this city an even better place to live, there are many local companies and businesses that help contribute to its thriving economy. Examples include La Feria Farm & Home Supply, Texas Premier Realty, and Bodegas Mexican Cafe. There are also multiple banks such as Chase Bank and Wells Fargo located in town for financial services. With all these amenities available, there are endless opportunities for residents of La Feria!
La Feria has an unemployment rate of 10.0%. The US average is 6.0%.
La Feria has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 27.7%, which is lower than the US average of 33.5%.
Tax Rates for La Feria
- The Sales Tax Rate for La Feria is 8.3%. The US average is 7.3%.
- The Income Tax Rate for La Feria 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 Feria
- The average income of a La Feria resident is $15,288 a year. The US average is $28,555 a year.
- The Median household income of a La Feria resident is $35,722 a year. The US average is $69,021 a year.