Sheldon, TX Economy


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Sheldon, TX is a great place to live, with relatively low rental costs and grocery costs . The average 2 bedroom rent is only $1,310 compared to the US average of $1,430. Similarly the Grocery Cost Index in Sheldon, TX is 96 versus 100 in the US. Local amenities include stores like Walmart and Lowe's as well as diners like Little Pesto Cafe and Papa Brown BBQ. There are also a number of parks and recreation facilities nearby to enjoy, including Bypass Park and the Sheldon Golf Course. For those looking for a small town feel without breaking the bank, Sheldon may be just the right fit.

Sheldon has an unemployment rate of 8.0%. The US average is 6.0%.

Sheldon has seen the job market increase by 3.2% over the last year. Future job growth over the next ten years is predicted to be 32.3%, which is lower than the US average of 33.5%.

Tax Rates for Sheldon
- The Sales Tax Rate for Sheldon is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Sheldon 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 Sheldon
- The average income of a Sheldon resident is $21,823 a year. The US average is $28,555 a year.
- The Median household income of a Sheldon resident is $65,357 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySheldon, TexasUnited States
  86
  -5.6%-6.2%
  32.3%33.5%
  8.3%6.2%
  0.0%4.6%
  $15,691$37,638
  $65,357$69,021
  $44,826$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  11.5%6.8%
  9.9%10.0%
  0.0%2.5%
  45.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  2.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  9.3%4.2%
  5.7%9.3%
  7.0%14.0%
  0.0%2.1%
  4.4%7.0%
  4.1%4.8%
  1.1%4.7%
Health
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