Raymondville Metro Area, TX Economy


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United States / Texas / Raymondville Metro Area / Counties / Cities / Zip Codes
Raymondville, TX Metro Area is a great place to live if you are looking for a lower cost of living. Rent for a two bedroom apartment here is significantly lower than the average in the US, at $830 compared to $1,430. Additionally, the grocery cost index here is 89 as opposed to 100 in the US. There are several local companies that can help people looking for an apartment in Raymondville, such as All Rentals and Apartments Raymondville, which offer several listings with competitive rates. Other companies such as Realty Central and Texas Apartment Connections also have plenty of available rentals in the area.

Raymondville Metro Area has an unemployment rate of 13.2%. The US average is 6.0%.

Raymondville Metro Area has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 6.0%, which is lower than the US average of 33.5%.

Tax Rates for Raymondville Metro Area
- The Sales Tax Rate for Raymondville Metro Area is 7.7%. The US average is 7.3%.
- The Income Tax Rate for Raymondville 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 Raymondville Metro Area
- The average income of a Raymondville Metro Area resident is $11,693 a year. The US average is $28,555 a year.
- The Median household income of a Raymondville Metro Area resident is $39,401 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRaymondville, TexasUnited States
  13.26
  -3.4%-6.2%
  6.0%33.5%
  6.3%6.2%
  0.0%4.6%
  $19,122$37,638
  $39,401$69,021
  $48,750$85,028
  Population by Occupation
  12.3%1.2%
  2.8%0.5%
  6.8%6.8%
  7.6%10.0%
  0.1%2.5%
  8.9%11.0%
  6.2%4.8%
  0.1%0.8%
  1.8%1.9%
  1.5%4.7%
  1.2%1.9%
  1.3%7.6%
  0.0%0.1%
  6.3%4.2%
  8.7%9.3%
  16.7%14.0%
  0.2%2.1%
  9.3%7.0%
  2.0%4.8%
  6.5%4.7%
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