Indian Lake, TX is a small town located in the Lone Star State. It is known for its friendly people and vibrant culture. Rent for a two bedroom in Indian Lake is much lower than the national average at just $920 per month compared to $1,430. Living in Indian Lake also comes with great savings at the grocery store since the cost index is 90 versus 100 nationally.
The town of Indian Lake has plenty to offer residents including local companies such as Texas Power Products and Farm Bureau Insurance. There are also plenty of attractions to explore such as the Indian Lake Marina and Beach Park, which offers a variety of outdoor activities like swimming, fishing, boating, and more. The nearby Big Oaks National Wildlife Refuge provides visitors with an amazing view of wildlife and nature while hiking or canoeing down their trails.
Indian Lake has an unemployment rate of 10.0%. The US average is 6.0%.
Indian Lake has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 27.7%, which is lower than the US average of 33.5%.
Tax Rates for Indian Lake
- The Sales Tax Rate for Indian Lake is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Indian Lake 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 Indian Lake
- The average income of a Indian Lake resident is $14,174 a year. The US average is $28,555 a year.
- The Median household income of a Indian Lake resident is $31,250 a year. The US average is $69,021 a year.