Welch, Texas (79377) is a small town in Nolan County located near the banks of the Colorado River. With a population of only around 200 people, it is an ideal location for those looking for an escape into rural living. Welch has a much lower cost of living than the US average, with rent for 2 bedroom apartments averaging at just $860 compared to the national average of $1430. The Grocery Cost Index in Welch is also 89 versus 100 in the US. Living in Welch doesn't mean compromising on entertainment or education however; nearby local companies include Lynco Construction, Chip's Electric Service and Grand Saline Utilities Company while attractions like Matador Wildlife Management Area, Buffalo Gap Historic Village and South Plains Wildlife Refuge are all great places to explore. In terms of school options there are several nearby high schools including Sweetwater High School and Blackwell High School making it easy to access quality education close by.
Welch (zip 79377) has an unemployment rate of 8.8%. The US average is 6.0%.
Welch (zip 79377) has seen the job market decrease by -6.4% over the last year. Future job growth over the next ten years is predicted to be 15.3%, which is lower than the US average of 33.5%.
Tax Rates for Welch (zip 79377)
- The Sales Tax Rate for Welch (zip 79377) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Welch (zip 79377) 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 Welch (zip 79377)
- The average income of a Welch (zip 79377) resident is $18,060 a year. The US average is $37,638 a year.
- The Median household income of a Welch (zip 79377) resident is $52,500 a year. The US average is $69,021 a year.