Economy in Redwater, Texas

Redwater has an unemployment rate of 5.0%. The US average is 3.9%.

Redwater has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 25.7%, which is lower than the US average of 33.5%.

Tax Rates for Redwater
- The Sales Tax Rate for Redwater is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Redwater 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 Redwater
- The average income of a Redwater resident is $21,410 a year. The US average is $28,555 a year.
- The Median household income of a Redwater resident is $45,000 a year. The US average is $53,482 a year.