Reeves, TX County is a great place to live with affordable housing and low grocery prices. The average rent for a two bedroom in Reeves, TX County is $910 per month, less than the national average of $1,430. Additionally, the Grocery Cost Index in Reeves, TX County is 89 versus 100 in the US. This suggests that groceries are more affordable here than in other areas. Local companies such as Reeves Land & Cattle Co., Texas Oil & Gas Co., and ConocoPhillips Realty make up much of the local economy and provide great job opportunities for residents. Overall, Reeves affords a great quality of life with its lower cost of living.
Reeves County has an unemployment rate of 7.8%. The US average is 6.0%.
Reeves County has seen the job market decrease by -25.0% over the last year. Future job growth over the next ten years is predicted to be 114.3%, which is higher than the US average of 33.5%.
Tax Rates for Reeves County
- The Sales Tax Rate for Reeves County is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Reeves 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 Reeves County
- The average income of a Reeves County resident is $25,148 a year. The US average is $37,638 a year.
- The Median household income of a Reeves County resident is $53,548 a year. The US average is $69,021 a year.