Laureles, TX Economy


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Laureles, TX is a great place to call home. It has lower rental costs than the US average, with a two bedroom apartment at $920 compared to the US average of $1,430. Not only that, but groceries cost less in Laureles than nationally; the grocery cost index is 89 compared to 100 throughout the US. To top it off, Laureles offers a range of local companies for employment opportunities such as Lone Star Bank and Cadence McShane Corporation providing jobs in banking and construction respectively. With all these benefits combined, it is no wonder why Laureles is such a popular place to live.

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

Laureles 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 Laureles
- The Sales Tax Rate for Laureles is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Laureles 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 Laureles
- The average income of a Laureles resident is $8,690 a year. The US average is $28,555 a year.
- The Median household income of a Laureles resident is $34,541 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLaureles, TexasUnited States
  106
  -3.6%-6.2%
  27.7%33.5%
  8.3%6.2%
  0.0%4.6%
  $11,595$37,638
  $34,541$69,021
  $51,964$85,028
  Population by Occupation
  0.0%1.2%
  2.1%0.5%
  24.2%6.8%
  7.3%10.0%
  0.0%2.5%
  6.4%11.0%
  7.3%4.8%
  1.0%0.8%
  4.7%1.9%
  3.4%4.7%
  2.3%1.9%
  0.0%7.6%
  0.0%0.1%
  7.3%4.2%
  9.2%9.3%
  14.4%14.0%
  0.0%2.1%
  0.9%7.0%
  7.5%4.8%
  2.1%4.7%
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