Zip 78562 (La Villa, TX) Economy


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78562 La Villa, TX is a small town located in the Rio Grande Valley of Texas with a population of 1,814 as of the 2020 census. Rent for two bedrooms here is $830 a month, which is relatively cheaper than the US 2 bedroom rent average of $1,430. Additionally, grocery costs in 78562 La Villa are 88 against the US index of 100. For those seeking to live in 78562 La Villa, there are several local businesses and amenities available to its residents. Local businesses such as JC Pawnshop Inc., Mj Tire & Auto Repair Service and Crosby Landscape & Lawn Maintenance can be found providing services within the area. Amenities like The Valley Park, Los Fresnos Public Library and Resaca De La Palma State Park are located nearby for recreational activities like fishing, camping and hiking. With affordable living costs and exciting local attractions to explore, 78562 La Villa is an ideal place to live.

La Villa (zip 78562) has an unemployment rate of 11.2%. The US average is 6.0%.

La Villa (zip 78562) has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 32.2%, which is lower than the US average of 33.5%.

Tax Rates for La Villa (zip 78562)
- The Sales Tax Rate for La Villa (zip 78562) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for La Villa (zip 78562) 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 La Villa (zip 78562)
- The average income of a La Villa (zip 78562) resident is $9,290 a year. The US average is $28,555 a year.
- The Median household income of a La Villa (zip 78562) resident is $50,417 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLa Villa, TexasUnited States
  11.26
  -3.6%-6.2%
  32.2%33.5%
  7.8%6.2%
  0.0%4.6%
  $12,824$37,638
  $50,417$69,021
  $69,464$85,028
  Population by Occupation
  7.7%1.2%
  0.0%0.5%
  8.3%6.8%
  8.7%10.0%
  2.6%2.5%
  7.7%11.0%
  8.8%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  5.1%7.6%
  0.0%0.1%
  1.3%4.2%
  11.3%9.3%
  21.7%14.0%
  0.0%2.1%
  5.5%7.0%
  3.5%4.8%
  7.7%4.7%
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