Sweetwater, Texas is a small town located in Nolan County. It has a population of 11,615 people as of 2020. Sweetwater is known for its many historical sites such as the Railway Museum, the Texas & Pacific Railway Depot, and the National WASP WWII Museum. The city has a variety of local businesses such as United Supermarkets, Luke's Locker Sporting Goods Store and Sweetwater Healthcare System providing health care services to the locals. The average rent for two-bedrooms in Sweetwater is $840 while the national average rent is $1,430 which makes Sweetwater an affordable place to live. The grocery cost index in Sweetwater is 89 compared to 100 in the US making groceries relatively inexpensive too.
Sweetwater has an unemployment rate of 5.8%. The US average is 6.0%.
Sweetwater has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 21.3%, which is lower than the US average of 33.5%.
Tax Rates for Sweetwater
- The Sales Tax Rate for Sweetwater is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Sweetwater 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 Sweetwater
- The average income of a Sweetwater resident is $17,988 a year. The US average is $28,555 a year.
- The Median household income of a Sweetwater resident is $41,220 a year. The US average is $69,021 a year.