Cresson, TX is a small town located in Johnson County near Fort Worth. This rural community has a unique charm and offers its residents an affordable cost of living. The average rent for a 2 bedroom apartment in Cresson is $1,500 which is much lower than the national average of $1,430. Additionally, according to the Grocery Cost Index, prices in Cresson are slightly higher than the US by 2 points. Local businesses like Cresson Diesel Repair or Cresson Corn Maze offer employment opportunities as well as goods and services to residents. Overall, with its reasonable rent prices and low cost of goods and services, Cresson makes for an attractive option to live and work.
Cresson has an unemployment rate of 5.7%. The US average is 6.0%.
Cresson has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 41.8%, which is higher than the US average of 33.5%.
Tax Rates for Cresson
- The Sales Tax Rate for Cresson is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Cresson 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 Cresson
- The average income of a Cresson resident is $42,062 a year. The US average is $28,555 a year.
- The Median household income of a Cresson resident is $68,981 a year. The US average is $69,021 a year.