Zip 78375 (Premont, TX) Economy


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Premont is a small town located in Jim Wells County, Texas with a population of 2,345. The average rent for a two-bedroom apartment in Premont is around $810 - much lower than the average of $1,430 for the rest of the United States. Grocery cost index in Premont is 90 versus 100 in the US. The city is known for its vibrant economy and offers residents and visitors access to some of the top businesses such as M&M Feedyard Inc., D & D Oil Field Services and Patrick Plumbing Company. Furthermore, there are several recreational activities available at nearby lakes and parks such as Lakeview Park, Finley Lake Fish Hatchery and Black Jack Creek Park. An inviting environment with plenty of opportunities makes Premont an ideal place to live or visit.

Premont (zip 78375) has an unemployment rate of 12.9%. The US average is 6.0%.

Premont (zip 78375) 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 3.4%, which is lower than the US average of 33.5%.

Tax Rates for Premont (zip 78375)
- The Sales Tax Rate for Premont (zip 78375) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Premont (zip 78375) 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 Premont (zip 78375)
- The average income of a Premont (zip 78375) resident is $15,108 a year. The US average is $28,555 a year.
- The Median household income of a Premont (zip 78375) resident is $41,842 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPremont, TexasUnited States
  12.96
  -12.6%-6.2%
  3.4%33.5%
  8.3%6.2%
  0.0%4.6%
  $21,249$37,638
  $41,842$69,021
  $50,978$85,028
  Population by Occupation
  2.5%1.2%
  7.3%0.5%
  18.7%6.8%
  5.4%10.0%
  0.0%2.5%
  8.0%11.0%
  4.2%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  3.5%4.2%
  11.0%9.3%
  13.2%14.0%
  1.6%2.1%
  11.1%7.0%
  4.1%4.8%
  9.4%4.7%
Health