Raymondville, TX Economy


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Raymondville is a small city located in Willacy County, Texas. It is home to several local businesses and attractions such as the Raymondville Rodeo and the Pioneer Museum. The cost of renting a two-bedroom apartment in Raymondville is much lower than the US average, coming in at $730 per month compared to $1,430 nationally. In addition, the grocery cost index in Raymondville is 88 versus 100 in the US. Local companies in Raymondville include Romo's Auto Glass & Upholstery, Bill's Wrecker Service, and Tres Amigos Mexican Restaurant. Other popular attractions close to Raymondville are Falcon State Park and Resaca de la Palma State Park – both offering plenty of recreational activities and stunning views of nature.

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

Raymondville 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 Raymondville
- The Sales Tax Rate for Raymondville is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Raymondville 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 Raymondville
- The average income of a Raymondville resident is $10,057 a year. The US average is $28,555 a year.
- The Median household income of a Raymondville resident is $39,291 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRaymondville, TexasUnited States
  13.26
  -3.4%-6.2%
  6.0%33.5%
  8.3%6.2%
  0.0%4.6%
  $18,246$37,638
  $39,291$69,021
  $46,140$85,028
  Population by Occupation
  11.8%1.2%
  1.2%0.5%
  6.7%6.8%
  11.2%10.0%
  0.0%2.5%
  5.2%11.0%
  6.5%4.8%
  0.0%0.8%
  2.1%1.9%
  1.1%4.7%
  0.7%1.9%
  1.2%7.6%
  0.0%0.1%
  5.5%4.2%
  6.9%9.3%
  18.8%14.0%
  0.0%2.1%
  13.1%7.0%
  1.3%4.8%
  6.7%4.7%
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