79342 Loop, TX is a small town with an estimated population of 286 people. The average two bedroom rent in this area comes to around $820 per month which is significantly lower than the US average of $1,430. Additionally, the grocery cost index in 79342 Loop, TX is 90 compared to the US average of 100. This makes the cost of living in this area quite affordable for residents and businesses alike. Local companies in 79342 Loop, TX include Garrett Heating & Air Conditioning LLC, Loop Veterinary Clinic, and Shadow Insurance Agency Inc. All these companies provide quality services within the local community and help make 79342 Loop a great place to live and work.
Loop (zip 79342) has an unemployment rate of 6.0%. The US average is 6.0%.
Loop (zip 79342) has seen the job market increase by 3.2% over the last year. Future job growth over the next ten years is predicted to be 29.4%, which is lower than the US average of 33.5%.
Tax Rates for Loop (zip 79342)
- The Sales Tax Rate for Loop (zip 79342) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Loop (zip 79342) 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 Loop (zip 79342)
- The average income of a Loop (zip 79342) resident is $24,984 a year. The US average is $28,555 a year.
- The Median household income of a Loop (zip 79342) resident is $64,583 a year. The US average is $69,021 a year.