Cross Roads, TX Economy


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Cross Roads, TX is a vibrant city located in the heart of Texas. With an extensive array of amenities, there is something for everyone to enjoy. Some popular local companies include Crossroads Market & Deli, The Local Pizzeria, and The General Store. Other attractions include two parks for outdoor activities, biking trails, a public library, and a farmers market. The cost of living in Cross Roads is slightly higher than the US average with rent for a 2 bedroom apartment coming in at $2,240 compared to the US average of $1,430. Grocery costs are also slightly higher than the US index at 100 versus 100 respectively.

Cross Roads has an unemployment rate of 5.6%. The US average is 6.0%.

Cross Roads has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 50.0%, which is higher than the US average of 33.5%.

Tax Rates for Cross Roads
- The Sales Tax Rate for Cross Roads is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Cross Roads 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 Cross Roads
- The average income of a Cross Roads resident is $43,789 a year. The US average is $28,555 a year.
- The Median household income of a Cross Roads resident is $140,833 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCross Roads, TexasUnited States
  5.66
  -3.5%-6.2%
  50.0%33.5%
  8.3%6.2%
  0.0%4.6%
  $58,715$37,638
  $140,833$69,021
  $148,250$85,028
  Population by Occupation
  0.8%1.2%
  0.0%0.5%
  11.1%6.8%
  4.0%10.0%
  5.5%2.5%
  8.4%11.0%
  3.6%4.8%
  0.0%0.8%
  3.0%1.9%
  5.8%4.7%
  4.0%1.9%
  9.1%7.6%
  0.2%0.1%
  4.8%4.2%
  21.1%9.3%
  7.8%14.0%
  0.8%2.1%
  1.6%7.0%
  4.8%4.8%
  3.4%4.7%
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