Crane, TX is a vibrant community located in West Texas. It is home to a number of small businesses and local companies, including The Texas Crane Company, T-Bone Trucking, and Crane Motors. Cost of living in Crane is quite affordable; the average two bedroom rent is $840 compared to the national average of $1,430. Additionally, grocery costs in Crane are 91 on a 100-point index, compared to 100 in the US. With its low cost of living and variety of local businesses, Crane is an attractive place to live for many.
Crane has an unemployment rate of 13.4%. The US average is 6.0%.
Crane has seen the job market decrease by -6.7% over the last year. Future job growth over the next ten years is predicted to be 2.0%, which is lower than the US average of 33.5%.
Tax Rates for Crane
- The Sales Tax Rate for Crane is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Crane 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 Crane
- The average income of a Crane resident is $27,670 a year. The US average is $37,638 a year.
- The Median household income of a Crane resident is $76,983 a year. The US average is $69,021 a year.