Presidio, Texas is a city in Presidio County with a rich history dating back to 1683. It is located on the Rio Grande river on the border of Mexico and the U.S. The city has a small population of around 4,000 people as of 2020. The cost of living in Presidio is significantly lower than the U.S. average, as two bedroom rental prices are only $750 compared to the national average of $1,430, and grocery costs are indexed at 88 versus 100 in the U.S., making it an attractive place for those looking to save money. Local companies operating in Presidio include H&H Machine Shop, Homero's Auto Parts, Las Palmas Restaurant & Cantina, and La Galeria de la Frontera Museum. Overall, Presidio provides an enjoyable atmosphere for residents and visitors alike with its low cost of living combined with its interesting cultural heritage and local businesses
Presidio has an unemployment rate of 12.9%. The US average is 6.0%.
Presidio has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 16.9%, which is lower than the US average of 33.5%.
Tax Rates for Presidio
- The Sales Tax Rate for Presidio is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Presidio 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 Presidio
- The average income of a Presidio resident is $11,988 a year. The US average is $28,555 a year.
- The Median household income of a Presidio resident is $21,496 a year. The US average is $69,021 a year.