Lubbock, Texas (zip code 79423) is a great place to live. According to the provided content, rent for a two bedroom apartment in Lubbock is around $1,080 which is significantly lower than the national average of $1,430. Lubbock also has a much lower grocery cost index at 93 versus 100 for the US in general. Some local companies that make it an attractive city to live in include United Supermarkets LLC, South Plains Mall, and Medical Center Health System. All of these factors combined make Lubbock an ideal place to call home due to its low cost of living and availability of quality amenities.
Lubbock (zip 79423) has an unemployment rate of 5.9%. The US average is 6.0%.
Lubbock (zip 79423) has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 39.8%, which is higher than the US average of 33.5%.
Tax Rates for Lubbock (zip 79423)
- The Sales Tax Rate for Lubbock (zip 79423) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Lubbock (zip 79423) 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 Lubbock (zip 79423)
- The average income of a Lubbock (zip 79423) resident is $30,675 a year. The US average is $28,555 a year.
- The Median household income of a Lubbock (zip 79423) resident is $76,865 a year. The US average is $69,021 a year.