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 -3.4% 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 $18,246 a year. The US average is $37,638 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
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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