Siesta Acres, TX Economy


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Siesta Acres, TX is an ideal place for renters looking to get more bang for their buck. Renters can expect to pay $1,050 per month on average for 2-bedrooms in this area, which is nearly 30% lower than the national average of $1,430. Not only are rent prices low, but other costs such as groceries are also significantly lower with a local grocery cost index of 90 versus 100 in the US. This makes it an attractive option for those on a budget. In addition to the great financial benefits of living in Siesta Acres, TX, there are plenty of local companies and amenities nearby. From clothing stores like Stars Fashion and Dollar Thrift to recreational activities like Beach Fun Park and Sunshine Water Slide Park, there's something for everyone. Additionally, The Siesta Golf Course is just 10 minutes away from downtown Siesta Acres offering golfers the perfect escape from city life while still being close enough to take advantage of all the amenities available.

Siesta Acres has an unemployment rate of 16.3%. The US average is 6.0%.

Siesta Acres has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 24.4%, which is lower than the US average of 33.5%.

Tax Rates for Siesta Acres
- The Sales Tax Rate for Siesta Acres is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Siesta Acres 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 Siesta Acres
- The average income of a Siesta Acres resident is $17,698 a year. The US average is $28,555 a year.
- The Median household income of a Siesta Acres resident is $42,788 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySiesta Acres, TexasUnited States
  16.36
  -4.7%-6.2%
  24.4%33.5%
  7.3%6.2%
  0.0%4.6%
  $15,699$37,638
  $42,788$69,021
  $44,295$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  12.7%10.0%
  0.0%2.5%
  40.5%11.0%
  10.4%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  2.2%4.2%
  9.0%9.3%
  17.4%14.0%
  0.0%2.1%
  7.9%7.0%
  0.0%4.8%
  0.0%4.7%
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