Raymondville, MO is a city located in Texas County with a population of 65555. It offers a variety of amenities for its residents including affordable rent costs and groceries. The average two-bedroom rent cost in Raymondville is $750 per month which is significantly lower than the US average of $1,430 per month. The Grocery Cost Index in Raymondville measures 92, which is 8 points lower than the US index of 100. This suggests that it is cheaper to do grocery shopping in Raymondville compared to the US on average.
Raymondville has various local companies that offer employment opportunities to its citizens, such as RJB Construction LLC, Nana's Daycare & Preschool, Windridge Nursing and Rehabilitation Center and Doniphan Lumber Company Inc. All these businesses are important components of the economy and create jobs for the locals.
Overall, living in Raymondville comes with many advantages due to its low cost of living and offered job opportunities. Residents can benefit from affordable housing costs as well as cheaper groceries compared to other areas in the US, while still having access to great employment possibilities at local businesses.
Raymondville (zip 65555) has an unemployment rate of 4.7%. The US average is 6.0%.
Raymondville (zip 65555) has seen the job market decrease by -2.8% over the last year. Future job growth over the next ten years is predicted to be 18.0%, which is lower than the US average of 33.5%.
Tax Rates for Raymondville (zip 65555)
- The Sales Tax Rate for Raymondville (zip 65555) is 6.1%. The US average is 7.3%.
- The Income Tax Rate for Raymondville (zip 65555) is 5.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Raymondville (zip 65555)
- The average income of a Raymondville (zip 65555) resident is $17,053 a year. The US average is $28,555 a year.
- The Median household income of a Raymondville (zip 65555) resident is $47,583 a year. The US average is $69,021 a year.