Canadian, TX is an ideal location for anyone looking for an affordable and comfortable place to live. Located in the Panhandle of Texas near the Oklahoma border, Canadian has a population of less than 3,000 people. It is known for its warm climate and thriving economy. Major employers include Xcel Energy and Frito Lay. The cost of living in Canadian is also very affordable, with an average two bedroom rental price lower than the US average at $950 per month. Furthermore, the grocery cost index in Canadian is 95 versus 100 in the US making groceries more affordable. With these factors combined, Canadian makes for an excellent place to both work and reside.
Canadian has an unemployment rate of 4.8%. The US average is 6.0%.
Canadian has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 36.0%, which is higher than the US average of 33.5%.
Tax Rates for Canadian
- The Sales Tax Rate for Canadian is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Canadian 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 Canadian
- The average income of a Canadian resident is $25,495 a year. The US average is $28,555 a year.
- The Median household income of a Canadian resident is $49,271 a year. The US average is $69,021 a year.