La Feria North, TX is a small town located in South Texas with a population of around 8,000 people. It is known for its low cost of living and great amenities including two-bedroom apartment rents at $840 compared to the national average of $1,430. Grocery prices in La Feria North are also relatively low with a grocery cost index of 89 compared to the US average of 100. The local economy relies heavily on agriculture and tourism. Some notable companies located in La Feria North include Valero Energy Corporation, Bee County Grain Co., and Hegar Brothers Inc. The economic conditions in La Feria North are promising due to its affordable housing costs and the presence of major businesses that employ many locals.
La Feria North has an unemployment rate of 10.0%. The US average is 6.0%.
La Feria North has seen the job market decrease by -3.6% 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 North
- The Sales Tax Rate for La Feria North is 8.3%. The US average is 7.3%.
- The Income Tax Rate for La Feria North 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 North
- The average income of a La Feria North resident is $18,896 a year. The US average is $37,638 a year.
- The Median household income of a La Feria North resident is $0 a year. The US average is $69,021 a year.