Odessa, TX is a great place to live with an affordable cost of living. The 2 bedroom rent rate in this city is $1,150 which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index in Odessa is 93 compared to 100 in the US.
This city offers all sorts of amenities and attractions for residents and visitors alike. Local companies include businesses such as: Home Security Systems, Rich's Moving & Storage, Starr Electric Company, South Texas Mechanical Inc., and Wellman Roofing Systems. All these companies provide essential services to make life easier for locals and anyone visiting Odessa.
Odessa (zip 79761) has an unemployment rate of 9.9%. The US average is 6.0%.
Odessa (zip 79761) has seen the job market decrease by -14.2% over the last year. Future job growth over the next ten years is predicted to be 32.6%, which is lower than the US average of 33.5%.
Tax Rates for Odessa (zip 79761)
- The Sales Tax Rate for Odessa (zip 79761) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Odessa (zip 79761) 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 Odessa (zip 79761)
- The average income of a Odessa (zip 79761) resident is $29,324 a year. The US average is $37,638 a year.
- The Median household income of a Odessa (zip 79761) resident is $59,538 a year. The US average is $69,021 a year.