Erath County, TX Economy


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United States / Texas / / Erath County / Cities / Zip Codes
Erath, TX County is an area known for its affordability in living expenses. The average 2 bedroom rent is $950 as compared to the US average of $1,430, making it an attractive option for those on a budget. The cost of groceries is also lower than most places in the United States, with an index of 97 versus 100. Erath has plenty to offer in terms of local businesses; some of these include Walmart, Hondros Family Dairy, and Nordan's Grocery Store. There are also plenty of restaurants, gas stations and other services available throughout the county.

Erath County has an unemployment rate of 5.4%. The US average is 6.0%.

Erath County 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 Erath County
- The Sales Tax Rate for Erath County is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Erath 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 Erath County
- The average income of a Erath County resident is $21,306 a year. The US average is $28,555 a year.
- The Median household income of a Erath County resident is $56,691 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyErath, TexasUnited States
  5.46
  -6.6%-6.2%
  38.8%33.5%
  6.8%6.2%
  0.0%4.6%
  $29,321$37,638
  $56,691$69,021
  $75,997$85,028
  Population by Occupation
  7.4%1.2%
  3.4%0.5%
  7.3%6.8%
  8.9%10.0%
  2.1%2.5%
  11.0%11.0%
  4.4%4.8%
  1.1%0.8%
  1.7%1.9%
  1.8%4.7%
  1.3%1.9%
  4.8%7.6%
  0.1%0.1%
  2.9%4.2%
  12.1%9.3%
  11.5%14.0%
  1.8%2.1%
  7.1%7.0%
  4.7%4.8%
  4.4%4.7%
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