Garfield, TX Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Garfield, TX is a small town located in Texas with numerous local businesses. It is known for its relaxed atmosphere and friendly locals. The cost of living in Garfield is fairly affordable; the average rent for a 2 bedroom apartment is $1,670 compared to the US average of $1,430. Additionally, the grocery cost index in Garfield is 92 compared to 100 in the US, making it an ideal place to reside for budget-minded individuals. Popular local companies include Garleson Furniture Company, The Blue Barn Brewery, and Joe's Garage Parts Store. With an affordable cost of living and plenty of amenities, Garfield makes a great place to call home.

Garfield has an unemployment rate of 5.3%. The US average is 6.0%.

Garfield has seen the job market increase by 3.5% over the last year. Future job growth over the next ten years is predicted to be 47.2%, which is higher than the US average of 33.5%.

Tax Rates for Garfield
- The Sales Tax Rate for Garfield is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Garfield 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 Garfield
- The average income of a Garfield resident is $17,481 a year. The US average is $28,555 a year.
- The Median household income of a Garfield resident is $55,408 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGarfield, TexasUnited States
  5.36
  -3.3%-6.2%
  47.2%33.5%
  8.3%6.2%
  0.0%4.6%
  $21,613$37,638
  $55,408$69,021
  $63,958$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  14.0%6.8%
  0.0%10.0%
  12.7%2.5%
  5.8%11.0%
  2.5%4.8%
  0.0%0.8%
  0.0%1.9%
  0.7%4.7%
  6.7%1.9%
  2.9%7.6%
  0.0%0.1%
  5.0%4.2%
  3.5%9.3%
  9.8%14.0%
  4.0%2.1%
  5.7%7.0%
  26.7%4.8%
  0.0%4.7%
Health
Compare Garfield, TX
cost of living
Compare food, housing, utilities, and more in Garfield, Texas to any other city in the US.