Zip 79063 (Nazareth, TX) Economy


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United States / Texas / No Metro Area / Castro County / Nazareth / Nazareth (zip 79063)
Nazareth is a small town located in the state of Texas. It has a population of 79063 people and an area of 3.1 square miles. The median rent for a two-bedroom apartment in this town is $790, which is significantly lower than the national average of $1,430. The grocery cost index in Nazareth is 93 compared to 100 nationally, making it a good place to live for those on a budget.
In terms of businesses, Nazareth offers residents many amenities. Popular stores like Dollar General and ACE Hardware serve the local community while banks such as First Bank & Trust Co., Texan Bank, and Wells Fargo provide financial services . For dining options there are restaurants like Brantley’s Catfish House or Arnett’s Barbeque & Steakhouse as well as convenience stores like Toot's Stop & Shop. There are also health care facilities such as Nazareth Clinic that offer medical assistance to residents.

Nazareth (zip 79063) has an unemployment rate of 4.0%. The US average is 6.0%.

Nazareth (zip 79063) has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 13.1%, which is lower than the US average of 33.5%.

Tax Rates for Nazareth (zip 79063)
- The Sales Tax Rate for Nazareth (zip 79063) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Nazareth (zip 79063) 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 Nazareth (zip 79063)
- The average income of a Nazareth (zip 79063) resident is $36,607 a year. The US average is $37,638 a year.
- The Median household income of a Nazareth (zip 79063) resident is $76,667 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNazareth, TexasUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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