Watauga, TX is an attractive place to live due to its location and proximity to many amenities. Situated in Tarrant County near Fort Worth, Watauga offers easy access to a variety of urban activities, while also allowing residents the opportunity to enjoy a quieter suburban lifestyle. The cost of two-bedroom rent is in Watauga is $1,850 compared to the US average of $1,430. Additionally, the grocery cost index in Watauga is 97 versus 100 in the US.
The city has many well-known companies such as Lockheed Martin Space Systems and Bank of America that employ local residents. There are also several small businesses in Watauga such as restaurants, retail stores, and other services that contribute to a healthy local economy. Residents can easily find employment while also enjoying all that this charming city has to offer.
Watauga has an unemployment rate of 6.9%. The US average is 6.0%.
Watauga 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 40.0%, which is higher than the US average of 33.5%.
Tax Rates for Watauga
- The Sales Tax Rate for Watauga is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Watauga 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 Watauga
- The average income of a Watauga resident is $24,122 a year. The US average is $28,555 a year.
- The Median household income of a Watauga resident is $78,379 a year. The US average is $69,021 a year.