The city of Lubbock, Texas (79415) is known for its affordability in comparison to other cities. The average 2 bedroom rent is $930, a large drop from the US average of $1,430. Additionally, the grocery cost index in Lubbock is 88 compared to 100 in the United States. This makes living in Lubbock an attractive option for those looking to save money and live comfortably.
Lubbock is home to many local businesses that help provide entertainment and services to the city. Established companies such as Kingsgate Center and Stone Gate Event Center offer both recreational activities and corporate conferences that cater to all types of people. For those who enjoy shopping, there are local stores like Planet Rock Climbing Gym offering outdoor equipment and apparel. Other local shops such as Puppies R Us provide pet supplies while small restaurants like Two Docs Brewery serve up delicious food from locally sourced ingredients. With so many options for entertainment and services, it's no wonder why so many people choose to live in Lubbock.
Lubbock (zip 79415) has an unemployment rate of 5.9%. The US average is 6.0%.
Lubbock (zip 79415) 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 79415)
- The Sales Tax Rate for Lubbock (zip 79415) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Lubbock (zip 79415) 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 79415)
- The average income of a Lubbock (zip 79415) resident is $15,123 a year. The US average is $28,555 a year.
- The Median household income of a Lubbock (zip 79415) resident is $33,112 a year. The US average is $69,021 a year.