Zip 79360 (Seminole, TX) Economy


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United States / Texas / No Metro Area / Gaines County / Seminole / Seminole (zip 79360)
Seminole, TX (79360) is a small city in Gaines County with a population of 6,521. It is located close to the Texas-New Mexico border and offers an abundance of outdoor recreation activities. The average 2 bedroom rent in Seminole is $990, which is much lower than the national average of $1,430 per month. Additionally, grocery costs are also lower in Seminole compared to the national index with an index rating of 94 versus 100 in the US.
The town has several local businesses such as K&B Appliance Repair and Carpet Masters Home Furnishings which provides quality appliances and furniture for residents. Other noteworthy companies include Pinson's Western Wear & Boots offering western-style clothing and accessories; Stripes convenience store for quick snacks; and WTW Realty that offers real estate services for buying or selling a home in Seminole.

Seminole (zip 79360) has an unemployment rate of 6.0%. The US average is 6.0%.

Seminole (zip 79360) has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 29.4%, which is lower than the US average of 33.5%.

Tax Rates for Seminole (zip 79360)
- The Sales Tax Rate for Seminole (zip 79360) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Seminole (zip 79360) 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 Seminole (zip 79360)
- The average income of a Seminole (zip 79360) resident is $25,371 a year. The US average is $37,638 a year.
- The Median household income of a Seminole (zip 79360) resident is $75,697 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySeminole, TexasUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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