Falcon Lake Estates, TX is a great place to call home with its affordable cost of living. According to city-data.com, 2 bedroom rent is $870 as compared to the US national average of $1,430. Additionally, the Grocery Cost Index in Falcon Lake Estates is 90 while the US average is 100. This means that grocery items in this town are 10% cheaper than average. There are many local businesses within reach of residents such as TFL Electrical Services LLC and Texas Steaks & Seafood Restaurant for customers’ convenience. All in all, Falcon Lake Estates offers its inhabitants a comfortable lifestyle with plenty of amenities at a reasonable price.
Falcon Lake Estates has an unemployment rate of 14.0%. The US average is 6.0%.
Falcon Lake Estates has seen the job market decrease by -17.1% over the last year. Future job growth over the next ten years is predicted to be 8.9%, which is lower than the US average of 33.5%.
Tax Rates for Falcon Lake Estates
- The Sales Tax Rate for Falcon Lake Estates is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Falcon Lake Estates 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 Falcon Lake Estates
- The average income of a Falcon Lake Estates resident is $27,252 a year. The US average is $37,638 a year.
- The Median household income of a Falcon Lake Estates resident is $74,071 a year. The US average is $69,021 a year.