Trent, TX Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Trent, TX is a small city located in the state of Texas. It offers an affordable rent price to its residents making it an attractive option for people looking to relocate or find a place where they can settle down without breaking the bank. The average two bedroom rent in Trent is $870 compared to the US average which is $1,430, making it a very economical choice. In addition, Trent also has one of the lowest grocery cost indices in the country with 89 compared to the national average of 100. Some notable companies found in Trent include Walmart, Texas A&M University-Commerce, US Ecology, and Brookshire Grocery Co.. Therefore, Trent provides excellent options for those looking for affordable living costs and local job opportunities.

Trent has an unemployment rate of 5.5%. The US average is 6.0%.

Trent has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 31.9%, which is lower than the US average of 33.5%.

Tax Rates for Trent
- The Sales Tax Rate for Trent is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Trent 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 Trent
- The average income of a Trent resident is $21,012 a year. The US average is $28,555 a year.
- The Median household income of a Trent resident is $68,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTrent, TexasUnited States
  5.56
  -3.6%-6.2%
  31.9%33.5%
  6.3%6.2%
  0.0%4.6%
  $39,056$37,638
  $68,750$69,021
  $86,250$85,028
  Population by Occupation
  1.2%1.2%
  0.0%0.5%
  0.6%6.8%
  1.8%10.0%
  4.8%2.5%
  3.0%11.0%
  6.0%4.8%
  10.2%0.8%
  0.0%1.9%
  3.6%4.7%
  0.0%1.9%
  1.2%7.6%
  0.0%0.1%
  18.1%4.2%
  20.5%9.3%
  11.4%14.0%
  0.0%2.1%
  1.8%7.0%
  6.6%4.8%
  9.0%4.7%
Health
Compare Trent, TX
cost of living
Compare food, housing, utilities, and more in Trent, Texas to any other city in the US.