Concho County, TX Economy


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United States / Texas / No Metro Area / Concho County / Cities / Zip Codes
Concho, TX County is a great place to live! With affordable two-bedroom rent prices of $1,030 compared to the US average of $1,430, the cost of living is relatively low. Grocery costs are also favorable in Concho, TX County with an index of 92 compared to 100 nationally. Not only is Concho economically friendly but there's plenty of things to do and see. Locals enjoy visiting the popular Old Parrie Cafe which serves delicious locally sourced dishes and offers a unique shopping experience at its vintage store. For outdoor enthusiasts, Concho Lake Park offers a variety of activities from fishing and camping to hiking and biking trails. All in all, Concho has something for everyone!

Concho County has an unemployment rate of 5.0%. The US average is 6.0%.

Concho County has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 2.6%, which is lower than the US average of 33.5%.

Tax Rates for Concho County
- The Sales Tax Rate for Concho County is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Concho 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 Concho County
- The average income of a Concho County resident is $20,503 a year. The US average is $28,555 a year.
- The Median household income of a Concho County resident is $46,719 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyConcho, TexasUnited States
  56
  3.8%-6.2%
  2.6%33.5%
  6.8%6.2%
  0.0%4.6%
  $22,225$37,638
  $46,719$69,021
  $59,833$85,028
  Population by Occupation
  8.8%1.2%
  1.6%0.5%
  13.2%6.8%
  5.2%10.0%
  0.9%2.5%
  20.2%11.0%
  1.6%4.8%
  0.4%0.8%
  0.0%1.9%
  3.7%4.7%
  0.0%1.9%
  0.1%7.6%
  0.0%0.1%
  1.4%4.2%
  13.4%9.3%
  12.9%14.0%
  1.6%2.1%
  0.0%7.0%
  10.4%4.8%
  4.6%4.7%
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