Zip 76623 (Avalon, TX) Economy


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Avalon, TX is a small city located in Ellis County and has a population of 766. The median 2 Bedroom rent here is $1,210 which is significantly lower than the US average of $1,430. The grocery cost index for Avalon, TX is 94 which is slightly lower than the national average of 100. Local companies include Avalon Vineyard & Winery, All Pro Mower Service and Repair and DFW Kettle Corn which are all popular among the locals. Other local companies include Rattlesnake Creek Farms, SG Cattle Company and Al’s Bar-B-Que. These businesses ensure that the residents of Avalon have access to high quality goods and services.

Avalon (zip 76623) has an unemployment rate of 5.8%. The US average is 6.0%.

Avalon (zip 76623) has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 48.7%, which is higher than the US average of 33.5%.

Tax Rates for Avalon (zip 76623)
- The Sales Tax Rate for Avalon (zip 76623) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Avalon (zip 76623) 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 Avalon (zip 76623)
- The average income of a Avalon (zip 76623) resident is $30,988 a year. The US average is $37,638 a year.
- The Median household income of a Avalon (zip 76623) resident is $46,875 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAvalon, TexasUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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