The Brownsville-Harlingen, TX Metro Area is a great place to live for those looking to save money. The area has lower rent than the national average, with a two bedroom apartment costing $890 compared to the US average of $1,430. Grocery costs are also lower in the area with an index score of 90 compared to 100 nationally. This low cost of living makes it easier for local businesses and residents alike to manage their finances. There are plenty of local companies in the area like RGV Meat Market, Valley Grande Industries,and many others that can benefit from a lower cost of living. With more money available they can put into other things like investing in new equipment or expanding their business. A lower cost of living also encourages more people to stay in the area as they can enjoy all that comes with it without breaking their budget.
Brownsville-Harlingen Metro Area has an unemployment rate of 10.0%. The US average is 6.0%.
Brownsville-Harlingen Metro Area has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 27.7%, which is lower than the US average of 33.5%.
Tax Rates for Brownsville-Harlingen Metro Area
- The Sales Tax Rate for Brownsville-Harlingen Metro Area is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Brownsville-Harlingen Metro Area 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 Brownsville-Harlingen Metro Area
- The average income of a Brownsville-Harlingen Metro Area resident is $14,898 a year. The US average is $28,555 a year.
- The Median household income of a Brownsville-Harlingen Metro Area resident is $43,057 a year. The US average is $69,021 a year.