Crane County, TX Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
United States / Texas / No Metro Area / Crane County / Cities / Zip Codes
Crane, TX County is located in West Texas and is known for its wide-open spaces and small-town charm. It has a population of approximately 5,000 people. Rent for a two bedroom apartment in Crane is $920, which is significantly lower than the US average of $1,430. The Grocery Cost Index in Crane is 91 compared to 100 in the US, making it an affordable place to live. Notable companies located in Crane include Crane Drilling & Exploration Co., Hub City Engineering Inc., and H&L Mechanical Solutions LLC. The area also has a thriving oil and gas industry as well as plenty of outdoor activities such as hiking, camping, and hunting.

Crane County has an unemployment rate of 13.4%. The US average is 6.0%.

Crane County has seen the job market decrease by -6.7% over the last year. Future job growth over the next ten years is predicted to be 2.5%, which is lower than the US average of 33.5%.

Tax Rates for Crane County
- The Sales Tax Rate for Crane County is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Crane County 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 Crane County
- The average income of a Crane County resident is $27,084 a year. The US average is $37,638 a year.
- The Median household income of a Crane County resident is $67,804 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCrane, TexasUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.