Zip 79014 (Canadian, TX) Economy


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United States / Texas / No Metro Area / Hemphill County / Canadian / Canadian (zip 79014)
Canadian, Texas is a great place to live for those looking for an affordable rental price and cost of living. The average two bedroom rent in Canadian is $970 while it's $1,430 in the US, making it significantly cheaper to live in Canadian than other places. Additionally, grocery costs are much lower here than the US with a Grocery Cost Index of 95 compared to 100 in the US. 79014 Canadian residents also benefit from a variety of local businesses such as Main Street Diner & Bakery, Oma’s Wagon Wheel Antique Mall, and The Old Tascosa Cycling Club to keep them entertained and catered to.

Canadian (zip 79014) has an unemployment rate of 4.8%. The US average is 6.0%.

Canadian (zip 79014) has seen the job market decrease by -9.5% over the last year. Future job growth over the next ten years is predicted to be 36.0%, which is higher than the US average of 33.5%.

Tax Rates for Canadian (zip 79014)
- The Sales Tax Rate for Canadian (zip 79014) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Canadian (zip 79014) 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 Canadian (zip 79014)
- The average income of a Canadian (zip 79014) resident is $39,305 a year. The US average is $37,638 a year.
- The Median household income of a Canadian (zip 79014) resident is $54,707 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCanadian, 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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