Stephenville, TX is a city in Erath County located in Central Texas. It is home to many businesses such as Whistle Stop Cafe, Brownwood Farms, and Dining on the Square. With a population of over 20,000 people, it is a vibrant place to live. The median 2 bedroom rent price in Stephenville is $1,070 which is significantly lower than the US average of $1,430. Additionally, according to the Grocery Cost Index Stephenville has an index value of 95 which means it is cheaper for groceries compared to the US average which is 100.
Stephenville has an unemployment rate of 5.4%. The US average is 6.0%.
Stephenville has seen the job market increase by 3.8% over the last year. Future job growth over the next ten years is predicted to be 38.8%, which is higher than the US average of 33.5%.
Tax Rates for Stephenville
- The Sales Tax Rate for Stephenville is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Stephenville 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 Stephenville
- The average income of a Stephenville resident is $18,929 a year. The US average is $28,555 a year.
- The Median household income of a Stephenville resident is $50,552 a year. The US average is $69,021 a year.