Cost of living (Clay Affordability Index)
CAI 94 —
6% below the national average.
how it's computed
Housing4% below
Goods & services5% below
Utilities38% above
Taxes57% below
Insurance25% above
Commute cost9% below
No natural gas service in this area — most homes heat with electricity or propane.
For business: Texas is
CBII band 3/5
· time to build band 1/5.
See state page for the breakdown.
Living here
Nearest 4-year college29 mi
Nearest community college20 mi
Nearest technical college40 mi
High school graduates90%
College graduates17.8%
Doing business here
Economic development contacts, most local first:
city
Gun Barrel City Economic Development Corporation
The Gun Barrel City Economic Development Corporation is a local organization that assists businesses, developers and investors by providing site selection assistance, facilitating incentives and supporting growth.
region
East Texas Economic Development Company
The East Texas Regional Development Company (ETRDC) is a private non-profit certified development company established in 1983 to promote and assist with the economic development of East Texas through small business lending. Its primary lending program is the SBA 504 loan.
state
Office of the Governor (Texas)
Texas Economic Development Corporation (TxEDC) markets Texas as the premier destination for business and provides information to help businesses explore opportunities in Texas. It supports the Governor’s Office of Economic Development and Tourism in promoting Texas as a premier destination for business.
state
Texas Economic Development
The Texas Economic Development & Tourism Office offers resources for Texas businesses, communities and residents, as well as those looking to do business in Texas. Our office publishes in-depth reports on the economy of Texas and the state’s targeted growth industries. We also offer a number of events throughout the year, covering a wide range of business-related topics—everything from getting started in the state to growing your business internationally.
State sales taxYes
State income taxNone
Right-to-work stateYes