Red Lick, Texas is an inviting small town located in Bowie County. The cost of renting a two bedroom apartment in Red Lick is quite affordable, coming in at approximately $1,040 per month which is significantly lower than the national average. Groceries are also pocket friendly with the cost index being 93 compared to 100 for the United States.
Local businesses such as Red Lick Cafe, Small Town Thrift Store, and B & B woodworking provide employment opportunities and goods/services for the residents of this community. Both the locals and visitors alike will appreciate amenities such as nearby Lake Crockett State Park which offers outdoor recreation activities like fishing or hiking, as well as biking trails at Redman Creek Wildlife Management Area.
Red Lick has an unemployment rate of 7.2%. The US average is 6.0%.
Red Lick has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 25.7%, which is lower than the US average of 33.5%.
Tax Rates for Red Lick
- The Sales Tax Rate for Red Lick is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Red Lick 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 Red Lick
- The average income of a Red Lick resident is $32,883 a year. The US average is $28,555 a year.
- The Median household income of a Red Lick resident is $125,583 a year. The US average is $69,021 a year.