Hilltop Lakes, TX is a small town located in the state of Texas. It boasts a population of less than 500 people and has an abundance of local businesses. Hilltop Lakes is home to various restaurants, grocery stores, banks, gas stations, shops, and schools. The cost of living in Hilltop Lakes is much lower than many other places in the US with 2 bedroom rent averaging $870 compared to the US average of $1,430. Additionally, the Grocery Cost Index is 94 versus 100 in the US. Residents enjoy beautiful parks and trails nearby as well as a lake for fishing and swimming. With its close proximity to larger cities like Dallas and Austin and its low cost of living, Hilltop Lakes is a great place to live and work.
Hilltop Lakes has an unemployment rate of 8.7%. The US average is 6.0%.
Hilltop Lakes has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 1.1%, which is lower than the US average of 33.5%.
Tax Rates for Hilltop Lakes
- The Sales Tax Rate for Hilltop Lakes is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Hilltop Lakes 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 Hilltop Lakes
- The average income of a Hilltop Lakes resident is $52,266 a year. The US average is $28,555 a year.
- The Median household income of a Hilltop Lakes resident is $64,615 a year. The US average is $69,021 a year.