Sweetwater, TX (79556) is a great place to live for those on a budget. It's two bedroom rental rate averages $850 per month, which is significantly lower than the US average of $1,430. The grocery cost index in Sweetwater is 89, compared to the national average of 100. This means groceries are 11% cheaper in Sweetwater than they are nationally! Several local companies serve the area, including Big Country Supply Ag Products for agricultural supplies and services, Performance Oilfield Services for oilfield repairs and rentals, and C&G Automotive Repair & Service for automotive maintenance and repair services. With its affordable living costs and wide variety of local businesses, Sweetwater is an ideal location for anyone looking to stick to a budget.
Sweetwater (zip 79556) has an unemployment rate of 5.8%. The US average is 6.0%.
Sweetwater (zip 79556) 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 (zip 79556)
- The Sales Tax Rate for Sweetwater (zip 79556) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Sweetwater (zip 79556) 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 (zip 79556)
- The average income of a Sweetwater (zip 79556) resident is $19,323 a year. The US average is $28,555 a year.
- The Median household income of a Sweetwater (zip 79556) resident is $42,403 a year. The US average is $69,021 a year.