Stanton, TX Economy


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Stanton, TX is an attractive city to live in due to its reasonable cost of living. The 2 bedroom rent in Stanton is $1,150 which is lower than the US average 2 bedroom rent of $1,430. The grocery cost index in Stanton is also below the national average at 93 versus 100 in the US. Those looking to move to Stanton have access to a variety of businesses and services including Walmart, Subway, Stantons Tire & Auto Care, and Maverick Petroleum Company. With these local companies and lower than average rental rates and grocery costs, Stanton is an ideal place for those looking for a more affordable lifestyle.

Stanton has an unemployment rate of 6.5%. The US average is 6.0%.

Stanton has seen the job market increase by 7.6% over the last year. Future job growth over the next ten years is predicted to be 40.9%, which is higher than the US average of 33.5%.

Tax Rates for Stanton
- The Sales Tax Rate for Stanton is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Stanton 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 Stanton
- The average income of a Stanton resident is $20,461 a year. The US average is $28,555 a year.
- The Median household income of a Stanton resident is $54,861 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyStanton, TexasUnited States
  6.56
  -12.7%-6.2%
  40.9%33.5%
  6.3%6.2%
  0.0%4.6%
  $25,489$37,638
  $54,861$69,021
  $71,625$85,028
  Population by Occupation
  2.3%1.2%
  17.8%0.5%
  9.0%6.8%
  1.7%10.0%
  7.7%2.5%
  4.8%11.0%
  1.4%4.8%
  4.0%0.8%
  5.3%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  14.4%9.3%
  10.2%14.0%
  0.0%2.1%
  3.4%7.0%
  12.4%4.8%
  5.7%4.7%
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