Cochran, TX County is a great place to live for those looking for an affordable housing option. The average two bedroom rent in the area is $830 per month which is far below the national average of $1,430 per month. Additionally, local grocery prices in Cochran are much lower than the US average according to the Grocery Cost Index with a score of 87 compared to 100 in the US. As for businesses and industries located in Cochran, they primarily focus on agriculture given its location in South Texas. Businesses such as cotton farms and vegetable farmers can be found here. Along with this type of industry comes a variety of jobs and positions including field farmers, harvesting specialists, ranch hands, crop foremen and crew leaders.
Cochran County has an unemployment rate of 7.1%. The US average is 6.0%.
Cochran County has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 1.5%, which is lower than the US average of 33.5%.
Tax Rates for Cochran County
- The Sales Tax Rate for Cochran County is 7.7%. The US average is 7.3%.
- The Income Tax Rate for Cochran County is 0.0%. The US average is 4.6%.
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Income and Salaries for Cochran County
- The average income of a Cochran County resident is $22,185 a year. The US average is $37,638 a year.
- The Median household income of a Cochran County resident is $38,203 a year. The US average is $69,021 a year.