Zip 75153 (Powell, TX) Economy


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Powell, TX (zip code 75153) is an affordable place to live. The average 2 bedroom rent in Powell is $890, compared to the US average of $1,430. This difference in prices makes it easier for people looking for a rental property to find one that fits their budget. Powell also has a lower grocery cost index than the US at 92 versus 100, making it more economical for locals to shop for food. Popular companies in the area include Walmart, HEB Plus Grocery Store, and Kingsville Auto Parts. All of these stores offer competitive prices on goods and services to help residents save money on their everyday needs. With its affordable rent and low cost of living, Powell is a great place for anyone looking for a place to call home.

Powell (zip 75153) has an unemployment rate of 6.9%. The US average is 6.0%.

Powell (zip 75153) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 26.3%, which is lower than the US average of 33.5%.

Tax Rates for Powell (zip 75153)
- The Sales Tax Rate for Powell (zip 75153) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Powell (zip 75153) 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 Powell (zip 75153)
- The average income of a Powell (zip 75153) resident is $22,942 a year. The US average is $28,555 a year.
- The Median household income of a Powell (zip 75153) resident is $87,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPowell, TexasUnited States
  6.96
  -6.3%-6.2%
  26.3%33.5%
  6.8%6.2%
  0.0%4.6%
  $26,582$37,638
  $87,750$69,021
  $74,639$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  9.2%6.8%
  0.4%10.0%
  0.8%2.5%
  5.6%11.0%
  10.8%4.8%
  0.0%0.8%
  0.0%1.9%
  12.4%4.7%
  0.0%1.9%
  4.4%7.6%
  0.0%0.1%
  0.0%4.2%
  19.1%9.3%
  16.3%14.0%
  0.0%2.1%
  0.0%7.0%
  10.0%4.8%
  11.2%4.7%
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