Raymondville, Texas (78580) is a small town located in the southern portion of the state. It has a population of around 6,000 people. The average two-bedroom rent in Raymondville is $740 per month, which is significantly lower than the national average of $1,430. Grocery costs are also relatively low compared to the rest of the country with a grocery cost index of 88 versus 100 in the US. There are several local businesses that contribute to the economy of Raymondville such as South Texas Produce Co., P&H Farms, Hixson Equipment Co., and Basse's Taste of Texas. All these businesses make it easy for residents to access affordable goods and services while living in this quaint area.
Raymondville (zip 78580) has an unemployment rate of 13.2%. The US average is 6.0%.
Raymondville (zip 78580) has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 6.0%, which is lower than the US average of 33.5%.
Tax Rates for Raymondville (zip 78580)
- The Sales Tax Rate for Raymondville (zip 78580) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Raymondville (zip 78580) 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 Raymondville (zip 78580)
- The average income of a Raymondville (zip 78580) resident is $19,080 a year. The US average is $37,638 a year.
- The Median household income of a Raymondville (zip 78580) resident is $39,800 a year. The US average is $69,021 a year.