Rotan, TX is a small rural town located in Fisher County. It has a population of 1,118 people according to the 2019 US Census. Despite its small size, Rotan offers many amenities for its residents. For example, the average rent for a two bedroom apartment is $750 which is significantly less than the national average of $1,430. Additionally, the local Grocery Cost Index is only 89 compared to 100 nationally. Many local businesses are thriving in Rotan such as The Coleridge Country Store which offers fresh produce and other goods. For visitors looking to explore the area, there are outdoor attractions like Campwood Creek Park which offers breathtaking trails along with fishing and camping spots.
Rotan has an unemployment rate of 5.7%. The US average is 6.0%.
Rotan has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 14.5%, which is lower than the US average of 33.5%.
Tax Rates for Rotan
- The Sales Tax Rate for Rotan is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Rotan 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 Rotan
- The average income of a Rotan resident is $24,823 a year. The US average is $37,638 a year.
- The Median household income of a Rotan resident is $40,402 a year. The US average is $69,021 a year.