Eastland, TX Economy


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United States / Texas / No Metro Area / Eastland County / Eastland / Zip Codes
Eastland, TX is a small city located in central Texas that is known for its relaxed atmosphere and affordability. It has a population of 5,000 people and an average 2 bedroom rent of $820, which is much lower than the US's average rent of $1,430. Eastland also offers a great cost of living index, with grocery prices being 88 compared to the nationwide 100. The city is home to many local businesses like Eastland County Electric Cooperative and Wolfe Ford-Lincoln-Mercury as well as family owned restaurants like A&J Cafe and La Palma Mexican Restaurant. With its affordable housing and low cost of living, Eastland, TX provides a great quality of life for those looking to move to the area.

Eastland has an unemployment rate of 7.4%. The US average is 6.0%.

Eastland has seen the job market increase by 7.2% over the last year. Future job growth over the next ten years is predicted to be 35.1%, which is higher than the US average of 33.5%.

Tax Rates for Eastland
- The Sales Tax Rate for Eastland is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Eastland 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 Eastland
- The average income of a Eastland resident is $33,484 a year. The US average is $28,555 a year.
- The Median household income of a Eastland resident is $41,623 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEastland, TexasUnited States
  7.46
  -14.6%-6.2%
  35.1%33.5%
  8.3%6.2%
  0.0%4.6%
  $32,091$37,638
  $41,623$69,021
  $79,307$85,028
  Population by Occupation
  1.3%1.2%
  4.5%0.5%
  13.9%6.8%
  12.0%10.0%
  0.0%2.5%
  13.0%11.0%
  2.4%4.8%
  1.2%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  7.3%7.6%
  0.0%0.1%
  0.0%4.2%
  11.5%9.3%
  6.8%14.0%
  4.7%2.1%
  13.8%7.0%
  0.0%4.8%
  7.6%4.7%
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