Loving County, TX Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
United States / Texas / No Metro Area / Loving County / Cities / Zip Codes
Loving, TX County is a great place to live. It has a low cost of living with an average two bedroom rent of $890 compared to the US average at $1,430. The grocery cost index for Loving is 89 when compared to the US which is at 100 - giving residents a more affordable option when it comes to groceries. There are many local businesses located in Loving such as Loving Country Store and Green Valley Hardware & Supply Company that provide employment opportunities and shopping convenience. All in all, Loving is an affordable county where people can find employment opportunities as well as have access to stores for their basic needs.

Loving County has an unemployment rate of 1.4%. The US average is 6.0%.

Loving County has seen the job market decrease by -43.2% over the last year. Future job growth over the next ten years is predicted to be 78.7%, which is higher than the US average of 33.5%.

Tax Rates for Loving County
- The Sales Tax Rate for Loving County is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Loving 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 Loving County
- The average income of a Loving County resident is $53,358 a year. The US average is $37,638 a year.
- The Median household income of a Loving County resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLoving, TexasUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.