La Homa, TX is a great place to call home. It boasts affordability in nearly every aspect of life from rent to groceries. The average cost of renting a two-bedroom apartment in La Homa is a mere $850, while the US average for the same size apartment is $1,430. Residents can also enjoy low grocery costs, with the Grocery Cost Index in La Homa being 90 compared to 100 in the US overall. The cost of living here is ideal for those on a budget or those who prefer to save money over time.
The community of La Homa has plenty to offer its residents as well. Businesses like El Dorado Car Wash and local restaurants like Maria's Mexican Cuisine give residents something exciting to explore each day. Additionally, there are plenty of parks, outdoor recreation spots, and shopping centers for everyone to enjoy. With all these amenities and their low cost of living, it's no wonder that La Homa is so popular!
La Homa has an unemployment rate of 11.2%. The US average is 6.0%.
La Homa has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 32.2%, which is lower than the US average of 33.5%.
Tax Rates for La Homa
- The Sales Tax Rate for La Homa is 8.3%. The US average is 7.3%.
- The Income Tax Rate for La Homa 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 La Homa
- The average income of a La Homa resident is $9,889 a year. The US average is $28,555 a year.
- The Median household income of a La Homa resident is $29,546 a year. The US average is $69,021 a year.