Canton, TX (zip code 75103) is an affordable place to live, with 2 bedroom rent costing only $890 per month. This is well below the national average of $1,430 for a 2 bedroom apartment. Grocery costs in Canton are also quite low, with an index of 96 compared to 100 across the US. The city is home to many local companies such as First State Bank, Canton Flower Shop and Agri-Life Feeds and Supplies. It also houses several large national chains such as Walmart Supercenter, McDonald's and Lowes. With its affordability and range of businesses, Canton provides residents with economic opportunity and a wide selection of services and goods.
Canton (zip 75103) has an unemployment rate of 6.1%. The US average is 6.0%.
Canton (zip 75103) has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 41.4%, which is higher than the US average of 33.5%.
Tax Rates for Canton (zip 75103)
- The Sales Tax Rate for Canton (zip 75103) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Canton (zip 75103) 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 Canton (zip 75103)
- The average income of a Canton (zip 75103) resident is $23,820 a year. The US average is $28,555 a year.
- The Median household income of a Canton (zip 75103) resident is $65,517 a year. The US average is $69,021 a year.