Lyford, TX Economy


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Lyford, TX is a small community located in Willacy County. It has an affordable cost of living with median 2 bedroom rent at just $780 compared to the national average of $1,430. Additionally, the grocery cost index in Lyford is 89 versus 100 nationally, making it a great place for families looking to save money on their basic needs. In terms of entertainment, Lyford offers a variety of activities accessible within city limits such as fishing and visiting the nearby wildlife refuge. There are also plenty of local businesses including Gomez Grocery Store, Rosas Mexican Restaurant and Lyford Auto Repair.

Lyford has an unemployment rate of 13.2%. The US average is 6.0%.

Lyford has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 6.0%, which is lower than the US average of 33.5%.

Tax Rates for Lyford
- The Sales Tax Rate for Lyford is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Lyford 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 Lyford
- The average income of a Lyford resident is $13,745 a year. The US average is $28,555 a year.
- The Median household income of a Lyford resident is $39,896 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLyford, TexasUnited States
  13.26
  -3.4%-6.2%
  6.0%33.5%
  6.3%6.2%
  0.0%4.6%
  $15,577$37,638
  $39,896$69,021
  $52,969$85,028
  Population by Occupation
  6.9%1.2%
  6.8%0.5%
  2.9%6.8%
  2.5%10.0%
  0.0%2.5%
  22.0%11.0%
  5.1%4.8%
  0.0%0.8%
  3.2%1.9%
  1.4%4.7%
  0.0%1.9%
  1.8%7.6%
  0.0%0.1%
  6.5%4.2%
  9.2%9.3%
  23.6%14.0%
  0.9%2.1%
  2.6%7.0%
  2.3%4.8%
  2.2%4.7%
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