Amarillo, TX (79107) is a great place to live with a relatively low cost of living. The average 2 bedroom rent in Amarillo is $930, which is much lower than the national average 2 bedroom rent of $1,430. On top of this, the grocery cost index in Amarillo is 88 compared to the US index of 100 – meaning groceries are even more affordable here. With all these benefits, it's no surprise that many companies call Amarillo home. Some popular businesses in the area include Bell Helicopter Textron Inc., Pantex Plant and Owens Corning. All these combined make 79107 Amarillo, TX a great location for those looking for an affordable city to live in and work at.
Amarillo (zip 79107) has an unemployment rate of 4.9%. The US average is 6.0%.
Amarillo (zip 79107) has seen the job market decrease by -3.2% over the last year. Future job growth over the next ten years is predicted to be 31.5%, which is lower than the US average of 33.5%.
Tax Rates for Amarillo (zip 79107)
- The Sales Tax Rate for Amarillo (zip 79107) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Amarillo (zip 79107) 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 Amarillo (zip 79107)
- The average income of a Amarillo (zip 79107) resident is $12,695 a year. The US average is $37,638 a year.
- The Median household income of a Amarillo (zip 79107) resident is $35,468 a year. The US average is $69,021 a year.