Clyde, TX Economy


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Clyde, TX is a small town located in central Texas. It has a population of around 3,000 people and offers a laid back atmosphere with a sense of community. Local businesses include Clyde Feed Store, Clyde Family Pharmacy, and The Humble Bee Cafe. The cost of living in Clyde is lower than in the US overall. 2 bedroom rent averages $970 compared to $1,430 across the US while grocery store items are 7% cheaper than average. This makes it an attractive choice for those looking for more affordable living options without sacrificing amenities or access to urban centers like Abilene which is only 45 minutes away.

Clyde has an unemployment rate of 5.8%. The US average is 6.0%.

Clyde has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 34.5%, which is higher than the US average of 33.5%.

Tax Rates for Clyde
- The Sales Tax Rate for Clyde is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Clyde 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 Clyde
- The average income of a Clyde resident is $20,899 a year. The US average is $28,555 a year.
- The Median household income of a Clyde resident is $51,184 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyClyde, TexasUnited States
  5.86
  -3.7%-6.2%
  34.5%33.5%
  6.3%6.2%
  0.0%4.6%
  $23,101$37,638
  $51,184$69,021
  $64,444$85,028
  Population by Occupation
  1.2%1.2%
  5.5%0.5%
  6.2%6.8%
  9.5%10.0%
  0.0%2.5%
  12.9%11.0%
  16.3%4.8%
  1.9%0.8%
  0.0%1.9%
  7.5%4.7%
  0.0%1.9%
  0.4%7.6%
  0.0%0.1%
  1.5%4.2%
  17.2%9.3%
  6.8%14.0%
  0.8%2.1%
  1.3%7.0%
  7.2%4.8%
  3.8%4.7%
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