Potter County, TX Economy


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United States / Texas / / Potter County / Cities / Zip Codes
Potter, TX County is an economically vibrant county located in the Texas Panhandle. The cost of two bedroom rental properties in Potter, TX County is quite reasonable at $970 compared to the national average of $1,430. Additionally, food costs are lower than the US average, with a grocery cost index of 92 versus 100. This makes Potter, TX County a great place to live for those on budget. Local companies found in Potter, TX County include Walmart Supercenter and United Supermarkets. Other local business that contribute to the economy include Lovelady Bank and West Texas A&M University. With its low cost of living and thriving economy Potter, TX County is a great place for people to call home.

Potter County has an unemployment rate of 5.5%. The US average is 6.0%.

Potter County has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.

Tax Rates for Potter County
- The Sales Tax Rate for Potter County is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Potter 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 Potter County
- The average income of a Potter County resident is $19,967 a year. The US average is $28,555 a year.
- The Median household income of a Potter County resident is $45,096 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPotter, TexasUnited States
  5.56
  -3.2%-6.2%
  28.8%33.5%
  8.3%6.2%
  0.0%4.6%
  $23,968$37,638
  $45,096$69,021
  $56,030$85,028
  Population by Occupation
  0.5%1.2%
  0.7%0.5%
  10.6%6.8%
  15.5%10.0%
  2.4%2.5%
  10.5%11.0%
  5.4%4.8%
  1.7%0.8%
  0.8%1.9%
  2.8%4.7%
  1.2%1.9%
  2.8%7.6%
  0.0%0.1%
  4.1%4.2%
  6.8%9.3%
  14.0%14.0%
  1.1%2.1%
  9.7%7.0%
  5.3%4.8%
  4.0%4.7%
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