Double Oak, TX is a charming and vibrant city located in the heart of Texas. It offers a wide selection of amenities and recreational activities for its residents. Two bedroom rent in Double Oak is $1,950, which is higher than the US average of $1,430. Furthermore, the Grocery Cost Index for Double Oak is 103 versus 100 in the US.
The city boasts numerous local businesses such as Double Oak Farms, The Farmhouse at Double Oak Ranch and Bellarose Bakery & Cafe. For those who enjoy outdoor activities, Double Oak has plenty to offer including hiking trails at Occoneechee Mountain State Natural Area, fishing spots like McGuire Creek and golf courses like Mid South Club. There are also plenty of shops and restaurants to explore in town as well as regular events hosted by the community such as farmers’ markets and art exhibitions. With so much to offer it's no surprise that Double Oak continues to attract people from all over.
Double Oak has an unemployment rate of 5.6%. The US average is 6.0%.
Double Oak has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 50.0%, which is higher than the US average of 33.5%.
Tax Rates for Double Oak
- The Sales Tax Rate for Double Oak is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Double Oak 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 Double Oak
- The average income of a Double Oak resident is $48,628 a year. The US average is $28,555 a year.
- The Median household income of a Double Oak resident is $172,000 a year. The US average is $69,021 a year.