Idalou, Texas (79329) is a small town in Lubbock County. This area has a population of 2,847 people as of 2020. Rent for a two bedroom unit is considerably less here than the national average, at $860 compared to $1,430. Groceries are also much cheaper in this area with the Grocery Cost Index rating 92 versus 100 nationally. The town offers plenty of local businesses such as Idalou State Bank, Fincher’s Tire & Auto Repair and The Corner Market Family Restaurant. These local establishments provide quality service and goods that add to the charm of living in Idalou versus larger cities where there can be fewer locally owned business opportunities.
Idalou (zip 79329) has an unemployment rate of 5.8%. The US average is 6.0%.
Idalou (zip 79329) has seen the job market decrease by -3.9% over the last year. Future job growth over the next ten years is predicted to be 39.3%, which is higher than the US average of 33.5%.
Tax Rates for Idalou (zip 79329)
- The Sales Tax Rate for Idalou (zip 79329) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Idalou (zip 79329) 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 Idalou (zip 79329)
- The average income of a Idalou (zip 79329) resident is $29,968 a year. The US average is $37,638 a year.
- The Median household income of a Idalou (zip 79329) resident is $62,949 a year. The US average is $69,021 a year.