La Paloma, TX Economy


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La Paloma, TX is a small town located in the heart of Texas. Its population is unknown, but it offers its residents great value for money when it comes to rent. The two bedroom rent in La Paloma is $870 per month on average; this is significantly lower than the national average of $1,430. Additionally, La Paloma also has a low Grocery Cost Index score at 89 as compared to 100 nationally, making groceries also very affordable.
The town of La Paloma has many local businesses and attractions that make it an attractive destination for those looking for an affordable place to live and visit. For shopping there are stores like Walmart Supercenter and H-E-B plus while for leisure activities people can enjoy the local golf course or take a boat ride on Lake Georgetown. In addition, there are numerous eateries in the area ranging from Mexican restaurants to fast food joints like Dairy Queen and Pizza Hut. Finally, other notable attractions include nature spots such as the Balcones Canyonlands National Wildlife Refuge and Austin Zoo.

La Paloma has an unemployment rate of 10.0%. The US average is 6.0%.

La Paloma 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 Paloma
- The Sales Tax Rate for La Paloma is 8.3%. The US average is 7.3%.
- The Income Tax Rate for La Paloma 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 Paloma
- The average income of a La Paloma resident is $18,713 a year. The US average is $37,638 a year.
- The Median household income of a La Paloma resident is $70,092 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLa Paloma, TexasUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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