Sterling City, TX is a vibrant city with a wide variety of local businesses and attractions. The two bedroom rent in the area is $1,090 which is significantly lower than the US average of $1,430. Grocery costs are also much more affordable in Sterling City; with an index score of 90 compared to the national average of 100. There are plenty of local companies such as Sterling City Bank, The Sterling City Diner, and Johnson's Hardware that help make this city an attractive place to live. Overall, Sterling City offers an excellent cost of living that makes it attractive to those looking for greater value for their money.
Sterling City has an unemployment rate of 6.1%. The US average is 6.0%.
Sterling City has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 2.6%, which is lower than the US average of 33.5%.
Tax Rates for Sterling City
- The Sales Tax Rate for Sterling City is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Sterling 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 Sterling City
- The average income of a Sterling City resident is $18,706 a year. The US average is $28,555 a year.
- The Median household income of a Sterling City resident is $57,212 a year. The US average is $69,021 a year.