Cedar Park, TX Economy


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Cedar Park, TX is a great place to live and work. The city offers many amenities, including access to great shopping and restaurants. The city also boasts a low cost of living. According to the given information, 2 Bedroom Rent in Cedar Park is only $1,810 per month compared to $1,430 in the US. In addition, Grocery Cost Index in Cedar Park is 95 versus 100 in the US. This makes it an attractive choice for those looking for an affordable place to live.
The city has numerous established companies such as Cedar Park Regional Medical Center, Samsung Austin Semiconductor LLC, Seton Medical Center Williamson, Medline Industries Inc., Vista Ridge Mall and many more. All these companies provide quality jobs that offer a great salary and benefits package for their employees. So if you are looking for a place where you can have access to good job opportunities while still saving money on rent and groceries than Cedar Park is your perfect destination!

Cedar Park has an unemployment rate of 5.0%. The US average is 6.0%.

Cedar Park has seen the job market increase by 3.5% over the last year. Future job growth over the next ten years is predicted to be 52.6%, which is higher than the US average of 33.5%.

Tax Rates for Cedar Park
- The Sales Tax Rate for Cedar Park is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Cedar Park 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 Cedar Park
- The average income of a Cedar Park resident is $33,632 a year. The US average is $28,555 a year.
- The Median household income of a Cedar Park resident is $110,478 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCedar Park, TexasUnited States
  56
  -3.3%-6.2%
  52.6%33.5%
  8.3%6.2%
  0.0%4.6%
  $48,002$37,638
  $110,478$69,021
  $126,527$85,028
  Population by Occupation
  0.1%1.2%
  0.2%0.5%
  4.9%6.8%
  9.1%10.0%
  2.1%2.5%
  11.1%11.0%
  2.4%4.8%
  1.4%0.8%
  2.5%1.9%
  7.6%4.7%
  2.8%1.9%
  16.4%7.6%
  0.1%0.1%
  3.2%4.2%
  8.7%9.3%
  9.8%14.0%
  2.2%2.1%
  5.9%7.0%
  3.8%4.8%
  5.8%4.7%
Reviews for Cedar Park
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Over 3 years ago

this is where all the clout twitch streamers live (and round rock) lole. come here to get free viewers  More

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Over 5 years ago

I have lived in Cedar Park for more than 10 years .And Cedar park is the best place to live! It is not crowded like Austin, and it is not too small either. To summarize  More

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Over 11 years ago

Cedar Park is a mediocre city, at best. As far as weather, the extremely hot and long summers make the quality of life here next to horrible. Also, contrary to the  More

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