Burnet, TX is a small town located in the Hill Country in Central Texas. It is known for its beautiful scenery and outdoor activities such as camping, fishing, and hiking. The cost of living in Burnet, TX is quite reasonable with median rent for a two bedroom apartment at $980 which is 34% lower than the nationwide median rent of $1,430. The Grocery Cost Index (GCI) score in Burnet, TX is 92 which is 8 points lower than the national average score of 100. This indicates that food costs are relatively cheaper when compared to other parts of the United States. There are numerous local businesses within Burnet including Burnet County Courthouse, First National Bank of Burnet, Walmart Supercenter, and H-E-B Grocery Store. All these businesses provide needed services to residents at affordable prices. In conclusion, Burnet provides an affordable cost of living while still offering plenty of amenities and fun activities to do around town.
Burnet has an unemployment rate of 4.7%. The US average is 6.0%.
Burnet has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 41.8%, which is higher than the US average of 33.5%.
Tax Rates for Burnet
- The Sales Tax Rate for Burnet is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Burnet 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 Burnet
- The average income of a Burnet resident is $19,088 a year. The US average is $28,555 a year.
- The Median household income of a Burnet resident is $70,766 a year. The US average is $69,021 a year.