Zip 79508 (Buffalo Gap, TX) Economy


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79508 Buffalo Gap, TX is a small city located in Taylor County, Texas with an estimated population of 662 as of 2019. It is a great place to live for people who are looking for an affordable and peaceful atmosphere. The average 2 bedroom rent for 79508 Buffalo Gap, TX is only $950 per month, which is substantially lower than the US average of $1,430. Additionally, the local grocery cost index in 79508 Buffalo Gap is 96 compared to 100 in the US making groceries even more affordable.
The city provides several amenities to its residents including The Gifted Child Learning Center and the Abilene State Supported Living Center for those seeking higher education or mental health services. Other places available to visit include Granny’s Antiques & Collectibles and Café at the Corner offering various vintage items and delicious food respectively. Furthermore, 79508 Buffalo Gap has its own post office and fire station providing necessary services to all locals.

Buffalo Gap (zip 79508) has an unemployment rate of 5.5%. The US average is 6.0%.

Buffalo Gap (zip 79508) has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 31.9%, which is lower than the US average of 33.5%.

Tax Rates for Buffalo Gap (zip 79508)
- The Sales Tax Rate for Buffalo Gap (zip 79508) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Buffalo Gap (zip 79508) 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 Buffalo Gap (zip 79508)
- The average income of a Buffalo Gap (zip 79508) resident is $69,213 a year. The US average is $28,555 a year.
- The Median household income of a Buffalo Gap (zip 79508) resident is $53,917 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBuffalo Gap, TexasUnited States
  5.56
  -3.6%-6.2%
  31.9%33.5%
  8.3%6.2%
  0.0%4.6%
  $28,122$37,638
  $53,917$69,021
  $76,806$85,028
  Population by Occupation
  0.0%1.2%
  0.8%0.5%
  14.9%6.8%
  5.4%10.0%
  0.0%2.5%
  12.1%11.0%
  8.5%4.8%
  0.8%0.8%
  0.0%1.9%
  14.3%4.7%
  0.0%1.9%
  0.6%7.6%
  0.0%0.1%
  2.2%4.2%
  2.0%9.3%
  7.7%14.0%
  6.0%2.1%
  12.3%7.0%
  7.7%4.8%
  4.6%4.7%
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