Rotan, TX is a small town located in Fisher County with a population of 1,141. It is known for its historic downtown featuring unique restaurants and businesses. The cost of living in Rotan is slightly lower than the national average, which includes a 2 bedroom rent of $750 compared to the US average of $1,430. Additionally, the grocery cost index in Rotan is 89 compared to 100 in the US.
Local companies offering employment opportunities include Alcoa Fastening Systems and Honeywell Aerospace. Alcoa Fastening Systems manufactures aerospace parts and systems while Honeywell Aerospace offers aircraft avionics systems for commercial and military customers. Other local job opportunities exist in retail shops, restaurants and within the government sector.
Overall, Rotan offers its residents an affordable cost of living balanced with quality job opportunities from local businesses.
Rotan (zip 79546) has an unemployment rate of 5.7%. The US average is 6.0%.
Rotan (zip 79546) has seen the job market decrease by -3.2% 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 (zip 79546)
- The Sales Tax Rate for Rotan (zip 79546) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Rotan (zip 79546) is 0.0%. The US average is 4.6%.
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Income and Salaries for Rotan (zip 79546)
- The average income of a Rotan (zip 79546) resident is $29,236 a year. The US average is $37,638 a year.
- The Median household income of a Rotan (zip 79546) resident is $45,833 a year. The US average is $69,021 a year.