Palo Pinto County, TX Economy


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United States / Texas / / Palo Pinto County / Cities / Zip Codes
Palo Pinto, TX County is a great place to live. It has a range of amenities and attractions that make it an attractive option for those looking to relocate. The rent for a two bedroom in Palo Pinto is significantly lower than the national average at just $920, so it's an affordable choice for those on a budget. The cost of groceries is also lower than the national average at 96 index points, making it more affordable to live in this area. In addition to its low cost of living, Palo Pinto offers its residents access to local businesses such as Crossroads Barbecue and Tarpley Grocery Store, as well as plenty of outdoor activities such as nearby Possum Kingdom Lake and South Palo Pinto Creek Park. Whether you're visiting or looking to settle down in Palo Pinto, there's something for everyone here.

Palo Pinto County has an unemployment rate of 7.3%. The US average is 6.0%.

Palo Pinto County has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 36.3%, which is higher than the US average of 33.5%.

Tax Rates for Palo Pinto County
- The Sales Tax Rate for Palo Pinto County is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Palo Pinto County 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 Palo Pinto County
- The average income of a Palo Pinto County resident is $23,503 a year. The US average is $28,555 a year.
- The Median household income of a Palo Pinto County resident is $59,796 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPalo Pinto, TexasUnited States
  7.36
  -6.1%-6.2%
  36.3%33.5%
  6.8%6.2%
  0.0%4.6%
  $28,600$37,638
  $59,796$69,021
  $72,287$85,028
  Population by Occupation
  3.6%1.2%
  4.7%0.5%
  12.2%6.8%
  11.3%10.0%
  2.6%2.5%
  10.5%11.0%
  5.1%4.8%
  1.3%0.8%
  1.1%1.9%
  2.7%4.7%
  1.8%1.9%
  4.4%7.6%
  0.0%0.1%
  2.9%4.2%
  8.0%9.3%
  10.8%14.0%
  3.1%2.1%
  5.9%7.0%
  3.8%4.8%
  4.3%4.7%
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