Wink, Texas is a small town of only 798 people located in the western part of the state. It's an ideal spot for those looking to get away from the hustle and bustle of city life and enjoy the peace and quiet of a rural area. Rent for a two-bedroom apartment in Wink averages at $820 per month, which is much lower than the national average of $1430. The Grocery Cost Index in Wink is 89 compared to 100 nationally, making it an affordable place to live with low cost-of-living expenses.
The economy in Wink relies heavily on oil and gas production as well as agriculture. Some of the local companies include J&L Oilfield Services, Lucky Drilling Company, and Praetron Industries. The median household income in Wink is $51,094, slightly below the US average of around $60k. All in all, Wink offers its residents a quiet lifestyle with an affordable cost-of-living at a fraction of what one would pay living elsewhere.
Wink (zip 79789) has an unemployment rate of 9.2%. The US average is 6.0%.
Wink (zip 79789) has seen the job market decrease by -7.1% over the last year. Future job growth over the next ten years is predicted to be 63.2%, which is higher than the US average of 33.5%.
Tax Rates for Wink (zip 79789)
- The Sales Tax Rate for Wink (zip 79789) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Wink (zip 79789) 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 Wink (zip 79789)
- The average income of a Wink (zip 79789) resident is $35,322 a year. The US average is $37,638 a year.
- The Median household income of a Wink (zip 79789) resident is $105,188 a year. The US average is $69,021 a year.