Pecos, TX is a small town in West Texas that is known for its rich history and culture. It has become a destination for those looking to escape the hustle and bustle of city life. The cost of living is quite low in Pecos making it an attractive option for many. The average two bedroom rent in Pecos is $700 compared to the US average which sits at $1430; the grocery cost index in Pecos is 90 while the US index sits at 100. There are many local companies located in Pecos including Cowboy Supply Inc., Joe’s Grocery Store, Marquez Bakery, and W&S Trucking Co. These businesses provide employment opportunities for residents as well as goods and services that they need.
Pecos has an unemployment rate of 7.8%. The US average is 6.0%.
Pecos has seen the job market decrease by -25.0% over the last year. Future job growth over the next ten years is predicted to be 114.3%, which is higher than the US average of 33.5%.
Tax Rates for Pecos
- The Sales Tax Rate for Pecos is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Pecos 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 Pecos
- The average income of a Pecos resident is $23,471 a year. The US average is $37,638 a year.
- The Median household income of a Pecos resident is $47,478 a year. The US average is $69,021 a year.