Olivarez, TX is a small city located in the state of Texas. It has an estimated population of 12,000 people and offers affordable living with rent for a two bedroom house averaging at $910 per month as compared to the national average of $1,430. The grocery cost index in Olivarez is 90 compared to the US which is 100. The crime rate in Olivarez is low due to its small size and tight community support system. There are many local companies that provide employment opportunities for people who live in Olivarez including stores like Walmart and Home Depot. The median household income in Olivarez is around $30,000 per year making it an accessible place for people on a budget.
Olivarez has an unemployment rate of 11.2%. The US average is 6.0%.
Olivarez has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 32.2%, which is lower than the US average of 33.5%.
Tax Rates for Olivarez
- The Sales Tax Rate for Olivarez is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Olivarez 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 Olivarez
- The average income of a Olivarez resident is $6,646 a year. The US average is $28,555 a year.
- The Median household income of a Olivarez resident is $55,118 a year. The US average is $69,021 a year.