Zip 75662 (Kilgore, TX) Economy


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Kilgore, TX is a great place to live for those who want to keep their daily expenses low. The city has a population of 75662 and is located in East Texas. Renting a two bedroom apartment averages around $950 whereas the US average for the same size unit is $1,430 - making Kilgore more affordable than many other cities. The Grocery Cost Index here is 92 versus 100 in the US meaning you’ll typically pay less for staples like food items here than most places in America.
The city offers affordable local services with companies such as Bush Hill Automotive Repair and TLC Flooring offering quality car repairs, floor installations and more at competitive prices that will help you save money in the long run. Eating out can also be affordable with popular restaurants like Fiesta Grill and Stephen's Bar-B-Que providing tasty meals without breaking your budget. In short, Kilgore has lots of options to keep your cost of living low while still enjoying all it has to offer!

Kilgore (zip 75662) has an unemployment rate of 8.0%. The US average is 6.0%.

Kilgore (zip 75662) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 19.8%, which is lower than the US average of 33.5%.

Tax Rates for Kilgore (zip 75662)
- The Sales Tax Rate for Kilgore (zip 75662) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Kilgore (zip 75662) 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 Kilgore (zip 75662)
- The average income of a Kilgore (zip 75662) resident is $23,815 a year. The US average is $28,555 a year.
- The Median household income of a Kilgore (zip 75662) resident is $62,407 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKilgore, TexasUnited States
  86
  -7.2%-6.2%
  19.8%33.5%
  8.3%6.2%
  0.0%4.6%
  $27,038$37,638
  $62,407$69,021
  $70,064$85,028
  Population by Occupation
  0.1%1.2%
  8.7%0.5%
  6.7%6.8%
  18.9%10.0%
  2.9%2.5%
  8.2%11.0%
  4.6%4.8%
  1.5%0.8%
  0.9%1.9%
  2.4%4.7%
  1.9%1.9%
  5.0%7.6%
  0.0%0.1%
  3.8%4.2%
  9.5%9.3%
  9.7%14.0%
  0.5%2.1%
  5.7%7.0%
  6.3%4.8%
  2.7%4.7%
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