Cross Timber, TX Economy


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Cross Timber, TX is a vibrant town located in the heart of Texas. It offers its residents a high quality of life with easy access to many amenities. The cost of living in Cross Timber is slightly higher than the US average. Rent for a two-bedroom apartment will be around $1,560 per month. Grocery costs are also slightly higher with an index score of 99 compared to 100 for the rest of the US. \nFor those looking for employment opportunities, Cross Timber hosts various businesses such as Quality Systems Inc., Finch Holdings LLC and Sullivan Construction Co. All three companies offer competitive salaries and excellent benefits packages to their employees. In addition, there are several small businesses located within the city offering a variety of goods and services at reasonable rates. \nOverall, Cross Timber is an ideal place to work and live due to its convenient location, high quality amenities, and relatively low cost of living compared to other cities in Texas.

Cross Timber has an unemployment rate of 6.3%. The US average is 6.0%.

Cross Timber 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 40.2%, which is higher than the US average of 33.5%.

Tax Rates for Cross Timber
- The Sales Tax Rate for Cross Timber is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Cross Timber 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 Timber
- The average income of a Cross Timber resident is $29,614 a year. The US average is $28,555 a year.
- The Median household income of a Cross Timber resident is $46,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCross Timber, TexasUnited States
  6.36
  -3.9%-6.2%
  40.2%33.5%
  6.3%6.2%
  0.0%4.6%
  $20,381$37,638
  $46,250$69,021
  $45,000$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  5.5%6.8%
  7.3%10.0%
  0.0%2.5%
  17.9%11.0%
  1.4%4.8%
  0.9%0.8%
  0.9%1.9%
  3.7%4.7%
  0.0%1.9%
  0.9%7.6%
  0.0%0.1%
  2.8%4.2%
  11.0%9.3%
  8.3%14.0%
  0.0%2.1%
  5.5%7.0%
  31.7%4.8%
  2.3%4.7%
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