Hawk Cove, TX is a small town located in Texas. It is known for its beautiful scenery and friendly people. The population is relatively low compared to other towns in Texas, but it still offers a great quality of life.
The cost of living in Hawk Cove, TX is quite attractive. 2 bedroom rent is only $1,190 per month whereas the US average rent for a 2 bedroom is $1,430. Additionally, the Grocery Cost Index in Hawk Cove is 94 which is 6 points lower than the national average of 100. This makes it an ideal place to live if you are looking for affordable rent and groceries.
There are several local businesses located in Hawk Cove such as “The Bookkeeper” which provides accounting services and “Paws Platforms” which specializes in pet care products and services. Furthermore, there are also plenty of restaurants like “The Bread Bowl” which serves delicious sandwiches and salads. All this proves that Hawk Cove has a good economy despite its small size.
Hawk Cove has an unemployment rate of 6.5%. The US average is 6.0%.
Hawk Cove has seen the job market increase by 3.2% over the last year. Future job growth over the next ten years is predicted to be 46.7%, which is higher than the US average of 33.5%.
Tax Rates for Hawk Cove
- The Sales Tax Rate for Hawk Cove is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Hawk Cove 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 Hawk Cove
- The average income of a Hawk Cove resident is $15,967 a year. The US average is $28,555 a year.
- The Median household income of a Hawk Cove resident is $39,861 a year. The US average is $69,021 a year.