La Paloma Addition, TX is an area known for its affordability and convenience. The average two bedroom rent in the area is $1,040 versus the national average of $1,430. This makes it a great place for individuals or families to live without breaking the bank. Additionally, there is a variety of local companies catering to all sorts of needs within La Paloma Addition. Some popular local companies include Tex-Mex restaurant El Toro Loco, car dealership Schwartz Motors, and grocer Joe's Market Fresh Produce. All in all, La Paloma Addition has a relatively low cost of living with access to all sorts of amenities and services.
La Paloma Addition has an unemployment rate of 10.3%. The US average is 6.0%.
La Paloma Addition has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 21.4%, which is lower than the US average of 33.5%.
Tax Rates for La Paloma Addition
- The Sales Tax Rate for La Paloma Addition is 8.3%. The US average is 7.3%.
- The Income Tax Rate for La Paloma Addition 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 Addition
- The average income of a La Paloma Addition resident is $10,589 a year. The US average is $28,555 a year.
- The Median household income of a La Paloma Addition resident is $44,850 a year. The US average is $69,021 a year.