Bear Creek, TX is a small town located in the state of Texas. It has some excellent local businesses, such as Bear Creek Farmers Market and Bear Creek Cleaners, that provide residents with necessary services. The cost of living in Bear Creek is slightly higher than the national average due to housing costs. 2 bedroom rent in Bear Creek costs approximately $2,370, while rent for a similar place throughout the US averages around $1,430. Similarly, grocery cost index in Bear Creek is 99 versus 100 nationally. Despite this difference, it is still possible for many people to afford to live here comfortably.
Bear Creek has an unemployment rate of 5.3%. The US average is 6.0%.
Bear Creek has seen the job market decrease by -3.3% over the last year. Future job growth over the next ten years is predicted to be 53.4%, which is higher than the US average of 33.5%.
Tax Rates for Bear Creek
- The Sales Tax Rate for Bear Creek is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Bear Creek 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 Bear Creek
- The average income of a Bear Creek resident is $61,451 a year. The US average is $37,638 a year.
- The Median household income of a Bear Creek resident is $113,125 a year. The US average is $69,021 a year.