Holly Lake Ranch, TX is a picturesque area located in East Texas. It is renowned for its beautiful scenery and welcoming community. Many popular local companies call this area home including Murchison Oil Company, The Holly Lake Trading Post, and the Holly Lake Golf Course. Rent in Holly Lake Ranch is significantly lower than the US average at $1,160 for a two bedroom apartment compared to $1,430 nationally. Groceries are also cheaper in Holly Lake Ranch with a grocery cost index of 96 versus 100 in the US. Residents of Holly Lake Ranch enjoy all of these benefits as well as many outdoor activities that can be enjoyed year-round.
Holly Lake Ranch has an unemployment rate of 7.0%. The US average is 6.0%.
Holly Lake Ranch has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 35.0%, which is higher than the US average of 33.5%.
Tax Rates for Holly Lake Ranch
- The Sales Tax Rate for Holly Lake Ranch is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Holly Lake Ranch 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 Holly Lake Ranch
- The average income of a Holly Lake Ranch resident is $32,677 a year. The US average is $28,555 a year.
- The Median household income of a Holly Lake Ranch resident is $61,531 a year. The US average is $69,021 a year.