Zip 75570 (New Boston, TX) Economy


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New Boston, TX is a small town located in Bowie County. It has a population of 75570 people according to the most recent census estimates. The area offers affordable living with its 2 bedroom rent amounting to $830, which is significantly lower than the US average rent of $1,430. Grocery cost index is also low in New Boston, TX at 89 as compared to 100 from the US average.
The town boasts many local businesses that contribute to its affordability such as Walmart Supercenter, Dollar General, Brookshire's Grocery and Red River Ford Inc. These companies provide goods and services to the community while helping them save money. Furthermore, the town also contains local restaurants such as Ed's Barbeque & Grill and Gambill's BBQ restaurant which offer locals delicious food options at more reasonable prices than those found nationally.
Overall, New Boston has an excellent cost of living that allows locals to get more for their money without compromising on quality or convenience. Its rent and groceries are notably cheaper than other towns and cities across America making it an attractive place for people looking for affordable living options.

New Boston (zip 75570) has an unemployment rate of 7.2%. The US average is 6.0%.

New Boston (zip 75570) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 25.7%, which is lower than the US average of 33.5%.

Tax Rates for New Boston (zip 75570)
- The Sales Tax Rate for New Boston (zip 75570) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for New Boston (zip 75570) 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 New Boston (zip 75570)
- The average income of a New Boston (zip 75570) resident is $18,151 a year. The US average is $28,555 a year.
- The Median household income of a New Boston (zip 75570) resident is $61,563 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Boston, TexasUnited States
  7.26
  -5.2%-6.2%
  25.7%33.5%
  6.8%6.2%
  0.0%4.6%
  $23,364$37,638
  $61,563$69,021
  $71,806$85,028
  Population by Occupation
  1.7%1.2%
  1.2%0.5%
  10.3%6.8%
  8.3%10.0%
  0.7%2.5%
  14.2%11.0%
  4.5%4.8%
  1.5%0.8%
  0.7%1.9%
  1.7%4.7%
  0.8%1.9%
  3.2%7.6%
  0.3%0.1%
  0.3%4.2%
  13.6%9.3%
  11.3%14.0%
  1.2%2.1%
  5.0%7.0%
  4.6%4.8%
  15.1%4.7%
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