The small Texas city of Penitas, located in the 78576 zip code, is a great place to call home. With a median two bedroom rental price of $840 compared to the US average of $1,430, Penitas makes it easy for families to live comfortably. Not only are rent prices reasonable but groceries costs are also relatively low with an index rating of 89 as opposed to 100 in the US.
Penitas has many businesses within the area that make living there even more convenient. Businesses such as La Villa Market, Poza Rica Bakery & Cafe, and Soto's Pipe Shop offer everything from food products to hardware supplies. Additionally, local restaurants like Gringo's BBQ Shack and El Compadre Mexican Restaurant provide delicious meals for individuals and families alike. All of these establishments make Penitas an excellent place to live!
Penitas (zip 78576) has an unemployment rate of 11.2%. The US average is 6.0%.
Penitas (zip 78576) has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 32.2%, which is lower than the US average of 33.5%.
Tax Rates for Penitas (zip 78576)
- The Sales Tax Rate for Penitas (zip 78576) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Penitas (zip 78576) 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 Penitas (zip 78576)
- The average income of a Penitas (zip 78576) resident is $12,095 a year. The US average is $37,638 a year.
- The Median household income of a Penitas (zip 78576) resident is $31,132 a year. The US average is $69,021 a year.