The city of Crane, TX 79731 is located in the eastern part of Texas. It is a small town with an estimated population of 4,800 people. Crane is home to many companies such as Energy Transfer LP, West Texas Oil Field Service Inc., and Crane Independent School District. In addition, there are several local organizations in Crane that provide educational and recreational services for the community such as the Boys & Girls Club of Odessa, the Odessa Community Theatre, and Modern Technology Solutions Inc.
Crane's cost of living is low when compared to most US cities with 2 bedroom rent being $810 per month. Grocery cost index in this area is also lower than the national average at 91 versus 100 in the US. The majority of residents are White (68%), followed by Hispanic (30%), African American (2%) and other ethnicities (1%). The median household income is about $40k which is slightly lower than the national average.
Crane (zip 79731) has an unemployment rate of 13.4%. The US average is 6.0%.
Crane (zip 79731) 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 0.7%, which is lower than the US average of 33.5%.
Tax Rates for Crane (zip 79731)
- The Sales Tax Rate for Crane (zip 79731) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Crane (zip 79731) 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 (zip 79731)
- The average income of a Crane (zip 79731) resident is $27,621 a year. The US average is $37,638 a year.
- The Median household income of a Crane (zip 79731) resident is $68,057 a year. The US average is $69,021 a year.