Ranchitos Las Lomas, TX Economy


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Ranchitos Las Lomas, TX is a popular residential area located near Texas. It is known for its affordable rent prices with 2 bedroom apartments typically going for $1,000 compared to the national average of $1,430. The grocery cost index in Ranchitos Las Lomas is also much lower than the US average of 100 as it is 89. This makes it more affordable for people looking to live in Ranchitos Las Lomas as their cost of living would be cheaper than other surrounding areas.
The city offers many local companies and amenities such as banks, supermarkets, hotels, schools and parks. For entertainment, there are several movie theatres and restaurants located nearby offering an array of cuisines from around the world. In terms of outdoors activities, there are tennis courts and golf courses located throughout Ranchitos Las Lomas that people can go to enjoy some fresh air and sunshine.
When compared to other cities in Texas or even nationally, Ranchitos Las Lomas has a much lower cost of living due to its low rent prices and cheaper grocery costs than most other cities. This makes it an ideal option for those looking for an affordable place to live while still having access to great amenities that one would expect from a larger city without paying higher rent prices or living expenses associated with them.

Ranchitos Las Lomas has an unemployment rate of 7.9%. The US average is 6.0%.

Ranchitos Las Lomas has seen the job market decrease by -6.8% over the last year. Future job growth over the next ten years is predicted to be 33.1%, which is lower than the US average of 33.5%.

Tax Rates for Ranchitos Las Lomas
- The Sales Tax Rate for Ranchitos Las Lomas is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Ranchitos Las Lomas 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 Ranchitos Las Lomas
- The average income of a Ranchitos Las Lomas resident is $13,293 a year. The US average is $37,638 a year.
- The Median household income of a Ranchitos Las Lomas resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRanchitos Las Lomas, TexasUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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