Sweetwater Metro Area, TX Economy


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United States / Texas / Sweetwater Metro Area / Counties / Cities / Zip Codes
Sweetwater, TX Metro Area is an ideal place to live and work. With a 2 bedroom rent of only $850, it’s much more affordable than the US average of $1,430. Additionally, the Grocery Cost Index for Sweetwater is 89 versus 100 in the US which means groceries are even cheaper. The city has plenty to offer with local companies such as Valero Energy and Alon USA Energy as well as attractions like Abilene State Park and Frontier Texas! Museum. Sweetwater is a great place to call home.

Sweetwater Metro Area has an unemployment rate of 5.8%. The US average is 6.0%.

Sweetwater Metro Area has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 21.3%, which is lower than the US average of 33.5%.

Tax Rates for Sweetwater Metro Area
- The Sales Tax Rate for Sweetwater Metro Area is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Sweetwater 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 Sweetwater Metro Area
- The average income of a Sweetwater Metro Area resident is $20,097 a year. The US average is $28,555 a year.
- The Median household income of a Sweetwater Metro Area resident is $44,700 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySweetwater, TexasUnited States
  5.86
  -0.9%-6.2%
  21.3%33.5%
  6.3%6.2%
  0.0%4.6%
  $26,397$37,638
  $44,700$69,021
  $53,998$85,028
  Population by Occupation
  5.1%1.2%
  3.6%0.5%
  5.7%6.8%
  11.3%10.0%
  1.4%2.5%
  12.5%11.0%
  8.7%4.8%
  2.5%0.8%
  0.4%1.9%
  2.6%4.7%
  0.7%1.9%
  2.4%7.6%
  0.0%0.1%
  2.3%4.2%
  9.1%9.3%
  13.2%14.0%
  1.8%2.1%
  9.2%7.0%
  3.4%4.8%
  4.0%4.7%
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