Zip 75561 (Hooks, TX) Economy


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Hook, TX is a city located in Bowie County, Texas with a population of 2,164 people. Rent for two-bedroom apartments here costs $820 per month which is much lower than the US average of $1,430. The cost of groceries here is also quite affordable, with an index of 89 compared to the US index of 100. Hooks offers its residents plenty of places to shop and eat including local favorites like M & D Market Grocery Store and G & G Family Restaurant. Other popular businesses in Hooks include Liberty Tax Services, Lil' Shop Of Flowers Florists and Bill's Auto Repair.

Hooks (zip 75561) has an unemployment rate of 7.2%. The US average is 6.0%.

Hooks (zip 75561) has seen the job market decrease by -5.2% over the last year. Future job growth over the next ten years is predicted to be 25.7%, which is lower than the US average of 33.5%.

Tax Rates for Hooks (zip 75561)
- The Sales Tax Rate for Hooks (zip 75561) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Hooks (zip 75561) 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 Hooks (zip 75561)
- The average income of a Hooks (zip 75561) resident is $25,741 a year. The US average is $37,638 a year.
- The Median household income of a Hooks (zip 75561) resident is $51,163 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHooks, 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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