Clifton, TX is a small city located in Bosque County just west of Waco. It is known for its quiet, rural atmosphere and its friendly people. The cost of living in Clifton is relatively low compared to other cities in the US, with two bedroom rents averaging around $900 and a grocery cost index of 95 against the national average of 100. This makes it an attractive place to live for those on a budget or those looking to save money. Local companies include Clifton Electric Co-Op, Clifton Gas Station, and Hunter-Bowen Logging Company, all of which offer competitive wages to their employees.
Clifton has an unemployment rate of 5.6%. The US average is 6.0%.
Clifton has seen the job market decrease by -1.9% over the last year. Future job growth over the next ten years is predicted to be 31.4%, which is lower than the US average of 33.5%.
Tax Rates for Clifton
- The Sales Tax Rate for Clifton is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Clifton 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 Clifton
- The average income of a Clifton resident is $26,815 a year. The US average is $37,638 a year.
- The Median household income of a Clifton resident is $60,116 a year. The US average is $69,021 a year.