Archer City, TX is a small town located in North Central Texas with a population of 1,834. Although it’s quite small, it has many local businesses that contribute to its vibrant economy such as Archer County Abstract & Title Co., First National Bank of Archer City and Hughes Ranch Supply. The living costs in Archer City are very affordable. The 2 bedroom rent is $840 compared to the U.S average of $1,430 which makes it significantly more affordable for those looking for a place to live. Furthermore, the Grocery Cost Index in Archer City is 89 versus 100 in the U.S making groceries much cheaper than average too.
Archer City has an unemployment rate of 5.4%. The US average is 6.0%.
Archer City has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 28.1%, which is lower than the US average of 33.5%.
Tax Rates for Archer City
- The Sales Tax Rate for Archer City is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Archer 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 Archer City
- The average income of a Archer City resident is $21,682 a year. The US average is $28,555 a year.
- The Median household income of a Archer City resident is $41,339 a year. The US average is $69,021 a year.