Zip 78044 (Colorado Acres, TX) Economy


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78044 Colorado Acres, TX is a great place to live due to its reasonable living costs. Rent for a two bedroom apartment in 78044 Colorado Acres is only $1,000 compared to the US average of $1,430. Similarly, the Grocery Cost Index in 78044 Colorado Acres stands at 89 versus 100 in the US. This indicates that groceries are relatively more affordable in 78044 Colorado Acres. All of these factors make 78044 Colorado Acres an ideal place for those who want to enjoy a comfortable life without breaking their budget. Furthermore, local companies such as Walmart and H-E-B help to keep living costs low by offering competitive prices on everyday necessities like groceries and household items.

Colorado Acres (zip 78044) has an unemployment rate of 7.9%. The US average is 6.0%.

Colorado Acres (zip 78044) has seen the job market decrease by -6.8% over the last year. Future job growth over the next ten years is predicted to be 33.1%, which is lower than the US average of 33.5%.

Tax Rates for Colorado Acres (zip 78044)
- The Sales Tax Rate for Colorado Acres (zip 78044) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Colorado Acres (zip 78044) 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 Colorado Acres (zip 78044)
- The average income of a Colorado Acres (zip 78044) resident is $14,032 a year. The US average is $37,638 a year.
- The Median household income of a Colorado Acres (zip 78044) resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyColorado Acres, TexasUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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