Zip 76626 (Blooming Grove, TX) Economy


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76626 Blooming Grove, TX is a small town with a population of 1,202 people. It is located in Navarro County and its median household income is $55,739. The city offers plenty of activities and attractions for those looking to enjoy rural living. For example, the city hosts the annual Peach Festival which draws locals and visitors from all around the area to enjoy food, music, and entertainment. The 2 bedroom rent in 76626 Blooming Grove is estimated to be $1,300 per month while the US average is at $1,430, making it an attractive place to live for those on a budget. Additionally, the grocery cost index in Blooming Grove sits at 93 versus 100 in the US nation wide.
Some local companies that are present in 76626 Blooming Grove are Autotech Automotive Service & Repair, L&L Fabworks LLC., Kountry Living Insurance Agency Inc., Buss Fence Company Inc., H P Pool Construction & Maintenance and Big Bear Power Sports LLC. These businesses support the local economy of this small Texas town and provide services that benefit both residents and visitors alike.

Blooming Grove (zip 76626) has an unemployment rate of 6.9%. The US average is 6.0%.

Blooming Grove (zip 76626) has seen the job market decrease by -6.3% over the last year. Future job growth over the next ten years is predicted to be 26.3%, which is lower than the US average of 33.5%.

Tax Rates for Blooming Grove (zip 76626)
- The Sales Tax Rate for Blooming Grove (zip 76626) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Blooming Grove (zip 76626) 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 Blooming Grove (zip 76626)
- The average income of a Blooming Grove (zip 76626) resident is $32,196 a year. The US average is $37,638 a year.
- The Median household income of a Blooming Grove (zip 76626) resident is $82,019 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBlooming Grove, 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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