Zip 79562 (Tuscola, TX) Economy


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Tuscola, TX 79562 is a great place to settle down because it offers great financial and entertainment options. The two bedroom rent in the area is $1,100 compared to the US average of $1,430. This makes it much more affordable to live in Tuscola than in other parts of the country. Additionally, the Grocery Cost Index in Tuscola is 98 compared to 100 in the US, making food purchasing much more cost-effective. For entertainment options there are many local companies such as Bucees, Whataburger and Walmart Supercenter that offer a variety of activities for locals and visitors alike. With so much to take advantage of there's no wonder why Tuscola is becoming increasingly popular among residents who value both affordability and entertainment.

Tuscola (zip 79562) has an unemployment rate of 5.5%. The US average is 6.0%.

Tuscola (zip 79562) has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 31.9%, which is lower than the US average of 33.5%.

Tax Rates for Tuscola (zip 79562)
- The Sales Tax Rate for Tuscola (zip 79562) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Tuscola (zip 79562) 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 Tuscola (zip 79562)
- The average income of a Tuscola (zip 79562) resident is $35,130 a year. The US average is $28,555 a year.
- The Median household income of a Tuscola (zip 79562) resident is $103,269 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTuscola, TexasUnited States
  5.56
  -3.6%-6.2%
  31.9%33.5%
  6.3%6.2%
  0.0%4.6%
  $35,974$37,638
  $103,269$69,021
  $108,382$85,028
  Population by Occupation
  4.3%1.2%
  0.3%0.5%
  8.8%6.8%
  12.7%10.0%
  1.5%2.5%
  6.4%11.0%
  2.5%4.8%
  0.5%0.8%
  0.0%1.9%
  9.7%4.7%
  2.4%1.9%
  3.7%7.6%
  0.2%0.1%
  2.6%4.2%
  10.0%9.3%
  21.9%14.0%
  0.1%2.1%
  3.9%7.0%
  3.7%4.8%
  4.9%4.7%
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