Runnels County, TX Economy


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United States / Texas / No Metro Area / Runnels County / Cities / Zip Codes
Runnels, TX County is a great place to live for those looking for an affordable lifestyle. The median rent for a two bedroom apartment in Runnels is $890, which is much lower than the US average of $1430. Additionally, the county has a Grocery Cost Index of 93 which is significantly lower than the national average. Located between Abilene and San Angelo on Highway 83, Runnels has easy access to I-20 and other major highways. There are various local amenities within Runnels such as the Big Country Race Park, Bledsoe Funeral Home, and several local restaurants. For those looking for some outdoor recreation in nature, visit Lake Leon or take a scenic drive through Coleman City Park. With its affordability and plethora of activities and attractions there’s something for everyone in Runnels!

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

Runnels County has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 23.8%, which is lower than the US average of 33.5%.

Tax Rates for Runnels County
- The Sales Tax Rate for Runnels County is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Runnels 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 Runnels County
- The average income of a Runnels County resident is $20,081 a year. The US average is $28,555 a year.
- The Median household income of a Runnels County resident is $52,103 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRunnels, TexasUnited States
  56
  -3.7%-6.2%
  23.8%33.5%
  6.8%6.2%
  0.0%4.6%
  $27,519$37,638
  $52,103$69,021
  $61,287$85,028
  Population by Occupation
  8.0%1.2%
  4.6%0.5%
  6.9%6.8%
  11.9%10.0%
  0.8%2.5%
  10.1%11.0%
  3.7%4.8%
  3.2%0.8%
  1.9%1.9%
  2.7%4.7%
  1.7%1.9%
  2.5%7.6%
  0.6%0.1%
  1.9%4.2%
  13.5%9.3%
  11.4%14.0%
  0.3%2.1%
  6.9%7.0%
  3.2%4.8%
  4.2%4.7%
Health