West Odessa, TX is a vibrant city located in West Texas. Home to many local businesses such as Community National Bank and First Basin Credit Union, it has a rich culture that offers plenty of exciting opportunities for its residents. The cost of living in West Odessa is lower compared to other cities due to its low 2 bedroom rental rate at $1,170 versus the US average of $1,430. In addition, the grocery cost index in West Odessa (93) is also cheaper than the US (100). This helps make everyday living more affordable and accessible for its citizens, making it an ideal place to live.
West Odessa has an unemployment rate of 11.0%. The US average is 6.0%.
West Odessa has seen the job market increase by 4.4% over the last year. Future job growth over the next ten years is predicted to be 31.4%, which is lower than the US average of 33.5%.
Tax Rates for West Odessa
- The Sales Tax Rate for West Odessa is 7.0%. The US average is 7.3%.
- The Income Tax Rate for West Odessa 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 West Odessa
- The average income of a West Odessa resident is $23,230 a year. The US average is $28,555 a year.
- The Median household income of a West Odessa resident is $58,261 a year. The US average is $69,021 a year.