Castro County, TX Economy


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United States / Texas / No Metro Area / Castro County / Cities / Zip Codes
Castro, TX County is a great place to live; it is located in Texas and has so much to offer. Rent for a two-bedroom apartment here is $830, which is significantly lower than the US average of $1,430. Living costs are also cheaper in Castro; the grocery cost index in Castro is 89 compared to 100 in the US. There are many different local companies and businesses that make up the community of Castro. Some notable businesses include The Ranch Mart, Entertainment Exchange, and Austin's Bar & Grill. All these businesses bring life to the town of Castro and contribute to its vibrant economic atmosphere.

Castro County has an unemployment rate of 4.0%. The US average is 6.0%.

Castro County 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 13.1%, which is lower than the US average of 33.5%.

Tax Rates for Castro County
- The Sales Tax Rate for Castro County is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Castro 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 Castro County
- The average income of a Castro County resident is $22,198 a year. The US average is $28,555 a year.
- The Median household income of a Castro County resident is $53,551 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCastro, TexasUnited States
  46
  -3.7%-6.2%
  13.1%33.5%
  6.8%6.2%
  0.0%4.6%
  $24,471$37,638
  $53,551$69,021
  $59,228$85,028
  Population by Occupation
  18.6%1.2%
  0.5%0.5%
  4.6%6.8%
  7.4%10.0%
  4.1%2.5%
  16.7%11.0%
  4.6%4.8%
  2.2%0.8%
  0.0%1.9%
  2.2%4.7%
  0.4%1.9%
  4.5%7.6%
  0.0%0.1%
  4.5%4.2%
  10.0%9.3%
  11.3%14.0%
  0.3%2.1%
  2.5%7.0%
  1.7%4.8%
  3.8%4.7%
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