Petrolia, TX (Zipcode: 76377) is a small city located in north-central Texas. It has an estimated population of 447 people and the 2 bedroom rent is $850 per month, which is much lower than the US average of $1,430. Compared to the US, Petrolia also has a lower grocery cost index at 88 versus 100 in the US.
The local economy in Petrolia is mainly supported by service industries such as doctors, lawyers, beauty salons and carpenters. In addition to these services there are also some well-known companies in town such as The Country Store & Hardware, The Old West Café and Saloon, Barbed Wire Ranch Ltd., Taylor & Sons Well Services, and Pema Energy Solutions. All these businesses provide excellent services that benefit the citizens of Petrolia and make it a great place to live.
Petrolia (zip 76377) has an unemployment rate of 6.1%. The US average is 6.0%.
Petrolia (zip 76377) has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.
Tax Rates for Petrolia (zip 76377)
- The Sales Tax Rate for Petrolia (zip 76377) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Petrolia (zip 76377) 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 Petrolia (zip 76377)
- The average income of a Petrolia (zip 76377) resident is $29,264 a year. The US average is $37,638 a year.
- The Median household income of a Petrolia (zip 76377) resident is $39,250 a year. The US average is $69,021 a year.