Pecos, TX Metro Area is an attractive location for many people because of its relatively low cost of living. For example, the average rent for a two bedroom apartment is only $910 compared to the US average of $1,430. This makes it incredibly affordable for those looking for a place to live. Additionally, the grocery cost index in Pecos is 89 compared to 100 in the US, indicating that groceries are more affordable here than they are in most areas of the country. It's also home to several major companies, including C&J Energy Services and Webb County Electric Cooperative Inc., giving it a strong economic base. All things considered, Pecos has much to offer families and individuals looking for an affordable place to settle down.
Pecos Metro Area has an unemployment rate of 7.8%. The US average is 6.0%.
Pecos Metro Area has seen the job market increase by 16.6% 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 Pecos Metro Area
- The Sales Tax Rate for Pecos Metro Area is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Pecos 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 Pecos Metro Area
- The average income of a Pecos Metro Area resident is $18,099 a year. The US average is $28,555 a year.
- The Median household income of a Pecos Metro Area resident is $53,448 a year. The US average is $69,021 a year.