Enchanted Oaks, TX is a charming town located in the heart of Texas. It is home to a variety of businesses and offers affordable housing for its residents. The average two bedroom rent in Enchanted Oaks is $1,300 compared to the US average of $1,430. The grocery cost index in Enchanted Oaks is 97 compared to the US average of 100. Popular local companies include Lone Star Bakery, Texas Barbecue Co., and Enchanted Country Club. These businesses provide great services and amenities to the people who live in and around Enchanted Oaks. Overall, this quaint town offers an ideal place to live at an affordable price.
Enchanted Oaks has an unemployment rate of 6.5%. The US average is 6.0%.
Enchanted Oaks has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 38.0%, which is higher than the US average of 33.5%.
Tax Rates for Enchanted Oaks
- The Sales Tax Rate for Enchanted Oaks is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Enchanted 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 Enchanted Oaks
- The average income of a Enchanted Oaks resident is $37,829 a year. The US average is $28,555 a year.
- The Median household income of a Enchanted Oaks resident is $66,250 a year. The US average is $69,021 a year.