Young County, TX Economy


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United States / Texas / No Metro Area / Young County / Cities / Zip Codes
Young, TX county is a great place to live with a lower cost of living than the US average. The average 2 bedroom rent in Young, TX County is $840 compared to the US average of $1,430 for 2 bedrooms. Additionally, the Grocery Cost Index in Young, TX County is 91 versus 100 in the US. There are various local companies that operate in Young, TX County such as Walmart, HEB Grocery Store and Academy Sports + Outdoors. All of these businesses offer products and services at competitive prices allowing for people living in Young, TX County to enjoy a lower cost of living than other areas.

Young County has an unemployment rate of 6.2%. The US average is 6.0%.

Young County has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 17.3%, which is lower than the US average of 33.5%.

Tax Rates for Young County
- The Sales Tax Rate for Young County is 8.2%. The US average is 7.3%.
- The Income Tax Rate for Young 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 Young County
- The average income of a Young County resident is $25,859 a year. The US average is $28,555 a year.
- The Median household income of a Young County resident is $52,074 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyYoung, TexasUnited States
  6.26
  -4.7%-6.2%
  17.3%33.5%
  8.3%6.2%
  0.0%4.6%
  $31,127$37,638
  $52,074$69,021
  $75,340$85,028
  Population by Occupation
  5.8%1.2%
  8.6%0.5%
  8.7%6.8%
  12.6%10.0%
  0.7%2.5%
  11.9%11.0%
  2.4%4.8%
  1.5%0.8%
  0.8%1.9%
  2.7%4.7%
  0.8%1.9%
  2.6%7.6%
  0.0%0.1%
  4.0%4.2%
  10.3%9.3%
  9.9%14.0%
  0.5%2.1%
  4.0%7.0%
  5.3%4.8%
  6.9%4.7%
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