Sebastian, TX Economy


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Sebastian, TX is a great place to live and work. The cost of living is quite affordable, with the average 2 bedroom rent being $730 compared to the US average at $1,430. Additionally, the Grocery Cost Index in Sebastian is 88 versus 100 in the US. This makes it an ideal place to live for those who want an affordable lifestyle without sacrificing quality of life.
The city has numerous big-name companies such as Walmart and Bank of America. There are also plenty of local businesses like Creekside Church, Tostada Joe's Mexican Grill, and Texas Land & Cattle Company that provide unique experiences for visitors and locals alike.
In addition to these businesses there are many amenities available in Sebastian such as the abundant parks for outdoor recreation, excellent schools, libraries and museums for learning opportunities, restaurants with all sorts of cuisines to enjoy, and shopping malls for great retail therapy. All this combines to make Sebastian a thriving community with something for everyone!

Sebastian has an unemployment rate of 13.2%. The US average is 6.0%.

Sebastian has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 6.0%, which is lower than the US average of 33.5%.

Tax Rates for Sebastian
- The Sales Tax Rate for Sebastian is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Sebastian 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 Sebastian
- The average income of a Sebastian resident is $10,764 a year. The US average is $28,555 a year.
- The Median household income of a Sebastian resident is $22,717 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySebastian, TexasUnited States
  13.26
  -3.4%-6.2%
  6.0%33.5%
  6.3%6.2%
  0.0%4.6%
  $15,574$37,638
  $22,717$69,021
  $53,611$85,028
  Population by Occupation
  22.0%1.2%
  0.0%0.5%
  12.6%6.8%
  9.4%10.0%
  0.0%2.5%
  8.4%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  5.7%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  2.3%4.2%
  11.3%9.3%
  9.4%14.0%
  0.0%2.1%
  14.9%7.0%
  2.5%4.8%
  1.5%4.7%
Reviews for Sebastian
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Over 4 years ago

I lived in this city for the past week. ngl kinda  More

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