Gordon, TX Economy


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Gordon, TX is a small town located in Palo Pinto County with an estimated population of 2,000 people. It has several local businesses such as Gordon Country Store, Gordon Feed & Supply, and the Gordon Food Mart. The cost of renting a two-bedroom apartment in Gordon is much lower than the US average at $890 per month. Additionally, groceries are much more affordable in Gordon as their Grocery Cost Index is 99 versus the US index of 100. This means that residents can expect to find good deals on food and other necessities when shopping locally in Gordon.

Gordon has an unemployment rate of 7.3%. The US average is 6.0%.

Gordon has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 36.3%, which is higher than the US average of 33.5%.

Tax Rates for Gordon
- The Sales Tax Rate for Gordon is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Gordon 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 Gordon
- The average income of a Gordon resident is $21,840 a year. The US average is $28,555 a year.
- The Median household income of a Gordon resident is $64,375 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGordon, TexasUnited States
  7.36
  -6.1%-6.2%
  36.3%33.5%
  8.3%6.2%
  0.0%4.6%
  $38,180$37,638
  $64,375$69,021
  $80,347$85,028
  Population by Occupation
  0.0%1.2%
  9.7%0.5%
  12.2%6.8%
  0.0%10.0%
  0.0%2.5%
  15.1%11.0%
  5.9%4.8%
  5.5%0.8%
  0.0%1.9%
  1.7%4.7%
  0.0%1.9%
  5.0%7.6%
  0.0%0.1%
  0.0%4.2%
  13.0%9.3%
  7.1%14.0%
  1.3%2.1%
  1.3%7.0%
  5.9%4.8%
  16.4%4.7%
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