Zip 79714 (Andrews, TX) Economy


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Andrews, TX is a small town in west Texas with a population of approximately 12,000 people. It is located less than two hours from Odessa and Midland and provides a respite from the hustle and bustle of major cities. The median 2 bedroom rent in Andrews is $970, which is lower than the US median of $1,430. The Grocery Cost Index for Andrews is 93 versus 100 in the US. This indicates that goods are relatively cheaper in Andrews compared to other cities. Businesses such as Oxbow Marina & RV Park, Cimarex Energy Co., and Bee Cave Drilling Co are popular amongst residents. These companies provide employment opportunities to many in Andrews and contribute to the local economy. With a low cost of living index, affordable housing prices, and job opportunities right around the corner in larger cities like Midland and Odessa, Andrews is an ideal place for families looking to settle down or students hoping to get away from city life for some fresh air in a rural setting

Andrews (zip 79714) has an unemployment rate of 7.7%. The US average is 6.0%.

Andrews (zip 79714) has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 27.4%, which is lower than the US average of 33.5%.

Tax Rates for Andrews (zip 79714)
- The Sales Tax Rate for Andrews (zip 79714) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Andrews (zip 79714) 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 Andrews (zip 79714)
- The average income of a Andrews (zip 79714) resident is $29,363 a year. The US average is $28,555 a year.
- The Median household income of a Andrews (zip 79714) resident is $80,518 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAndrews, TexasUnited States
  7.76
  -12.6%-6.2%
  27.4%33.5%
  8.3%6.2%
  0.0%4.6%
  $34,970$37,638
  $80,518$69,021
  $90,521$85,028
  Population by Occupation
  2.5%1.2%
  18.9%0.5%
  6.7%6.8%
  5.2%10.0%
  3.2%2.5%
  8.3%11.0%
  4.4%4.8%
  2.8%0.8%
  1.9%1.9%
  1.7%4.7%
  1.1%1.9%
  0.9%7.6%
  0.2%0.1%
  1.8%4.2%
  12.0%9.3%
  12.4%14.0%
  2.3%2.1%
  7.9%7.0%
  3.8%4.8%
  2.1%4.7%
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