Lubbock, TX is a beautiful city located in the heart of Texas. It has a population of approximately 250,000 and is home to notable companies such as AT&T, United Supermarkets, and Lubbock National Bank. Lubbock offers plenty of attractions for visitors and residents alike including the Silent Wings Museum, The Buddy Holly Center, and Joyland Amusement Park. Additionally, two bedroom rent in this city averages $940 per month while US average is at $1,430 per month. Grocery cost index here is 92 versus 100 in the US. All these factors make living in this city an affordable option for many families looking to relocate.
Lubbock (zip 79407) has an unemployment rate of 5.9%. The US average is 6.0%.
Lubbock (zip 79407) has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 39.8%, which is higher than the US average of 33.5%.
Tax Rates for Lubbock (zip 79407)
- The Sales Tax Rate for Lubbock (zip 79407) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Lubbock (zip 79407) 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 Lubbock (zip 79407)
- The average income of a Lubbock (zip 79407) resident is $27,819 a year. The US average is $28,555 a year.
- The Median household income of a Lubbock (zip 79407) resident is $53,963 a year. The US average is $69,021 a year.