Canyon Creek, TX is an excellent place to live and work. The cost of living is highly competitive compared to the US overall. The average 2 bedroom rent in Canyon Creek, TX is $1,580 compared to the national average of $1,430. Additionally, grocery costs are also relatively lower with the local grocery cost index being 97 versus 100 in the US. There are many great local companies and businesses here that provide good jobs for residents. These include Canyon Creek Energy Company, Canyon Creek Supply Co., and Golden Creek Bank. Residents enjoy a variety of activities including hiking and biking trails, nature preserves, and golf courses. With its low cost of living and abundance of job opportunities, Canyon Creek makes for an attractive living option.
Canyon Creek has an unemployment rate of 6.6%. The US average is 6.0%.
Canyon Creek 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 40.3%, which is higher than the US average of 33.5%.
Tax Rates for Canyon Creek
- The Sales Tax Rate for Canyon Creek is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Canyon Creek 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 Canyon Creek
- The average income of a Canyon Creek resident is $16,504 a year. The US average is $28,555 a year.
- The Median household income of a Canyon Creek resident is $66,250 a year. The US average is $69,021 a year.