Gary City, TX Economy


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United States / Texas / No Metro Area / Panola County / Gary City / Zip Codes
Gary City, TX is an affordable place to live with a 2-bedroom rent of $860 per month compared to the US average of $1,430. Not only that, but the grocery cost index in Gary City is 91 compared to 100 in the US. Famous local companies include Landmark Industries and ACE Rentals, both offering employment opportunities. Attractions in Gary City include the Gary City Aquarium and Museum as well as the popular outdoor Gas Log Park. With its affordability and range of activities, it's no wonder Gary City has become one of Texas' most desirable cities for families and individuals alike.

Gary City has an unemployment rate of 8.6%. The US average is 6.0%.

Gary City has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 5.3%, which is lower than the US average of 33.5%.

Tax Rates for Gary City
- The Sales Tax Rate for Gary City is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Gary City 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 Gary City
- The average income of a Gary City resident is $27,368 a year. The US average is $28,555 a year.
- The Median household income of a Gary City resident is $33,906 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGary City, TexasUnited States
  8.66
  -11.0%-6.2%
  5.3%33.5%
  6.3%6.2%
  0.0%4.6%
  $21,799$37,638
  $33,906$69,021
  $65,938$85,028
  Population by Occupation
  0.0%1.2%
  6.3%0.5%
  15.8%6.8%
  5.3%10.0%
  0.0%2.5%
  14.7%11.0%
  4.2%4.8%
  1.1%0.8%
  1.1%1.9%
  2.1%4.7%
  0.0%1.9%
  4.2%7.6%
  0.0%0.1%
  4.2%4.2%
  5.3%9.3%
  3.2%14.0%
  1.1%2.1%
  6.3%7.0%
  25.3%4.8%
  0.0%4.7%
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