Graford, TX Economy


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Graford, TX is a small town located in North Texas. It has housing costs and grocery costs that are lower than the US averages. A 2 bedroom apartment can be rented for approximately $1,050 per month, while groceries are about 1% cheaper than the national average. The town offers many leisure activities in its nearby parks as well as small businesses run by local entrepreneurs. Some of the local companies include Graford Gifts & Collectibles, K&K Insurance, Graford's Best Auto Repair, and D&T Automotive Repair. These businesses provide services to help make life in Graford more comfortable and enjoyable for locals and visitors alike.

Graford has an unemployment rate of 7.3%. The US average is 6.0%.

Graford has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 36.3%, which is higher than the US average of 33.5%.

Tax Rates for Graford
- The Sales Tax Rate for Graford is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Graford 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 Graford
- The average income of a Graford resident is $15,656 a year. The US average is $28,555 a year.
- The Median household income of a Graford resident is $42,813 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGraford, TexasUnited States
  7.36
  -6.1%-6.2%
  36.3%33.5%
  8.3%6.2%
  0.0%4.6%
  $22,723$37,638
  $42,813$69,021
  $57,083$85,028
  Population by Occupation
  2.4%1.2%
  3.1%0.5%
  10.7%6.8%
  10.7%10.0%
  0.0%2.5%
  6.2%11.0%
  4.5%4.8%
  6.5%0.8%
  2.1%1.9%
  0.0%4.7%
  1.0%1.9%
  0.0%7.6%
  0.0%0.1%
  7.6%4.2%
  8.9%9.3%
  21.3%14.0%
  2.4%2.1%
  7.6%7.0%
  5.2%4.8%
  0.0%4.7%
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