Scenic Oaks, TX is an idyllic town located in Texas that offers a high quality of life. With its scenic landscapes and expansive open spaces, it’s the perfect place for families to settle down. The city offers all the amenities you would expect from a small town such as grocery stores, pharmacies, banks, restaurants, libraries, and parks. There are also plenty of local businesses such as Scenic Oaks Auto Repair & Tire Shop, Scenic Oaks Home Improvement Center, and Scenic Oaks Bakery that provide necessary services to residents. The cost of living in Scenic Oaks is slightly higher than average with two-bedroom rent at $1,660 compared to $1,430 nationwide. However groceries have a very low cost index score with only 98 points compared to 100 in the US. All in all Scenic Oaks has much to offer both families and individuals looking for a comfortable place to call home.
Scenic Oaks has an unemployment rate of 6.7%. The US average is 6.0%.
Scenic Oaks has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 39.6%, which is higher than the US average of 33.5%.
Tax Rates for Scenic Oaks
- The Sales Tax Rate for Scenic Oaks is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Scenic Oaks 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 Scenic Oaks
- The average income of a Scenic Oaks resident is $53,463 a year. The US average is $28,555 a year.
- The Median household income of a Scenic Oaks resident is $149,872 a year. The US average is $69,021 a year.