La Paloma-Lost Creek, TX Economy


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La Paloma-Lost Creek, TX is a great place to live for those looking for an affordable and convenient lifestyle. The two bedroom rent in the area is significantly cheaper than the US average, making it an ideal choice for budget-conscious families. Additionally, the Grocery Cost Index in La Paloma-Lost Creek is 90 versus 100 in the US, allowing residents to save money on their food costs. There are plenty of local companies and attractions nearby as well, including Lost Creek Country Store, Boar's Head BBQ, Texas Gold Mine Brewery, and the Lost Creek Nature Preserve. With so many advantages to living in La Paloma-Lost Creek, it's easy to see why it's such a popular choice for families and individuals alike.

La Paloma-Lost Creek has an unemployment rate of 8.5%. The US average is 6.0%.

La Paloma-Lost Creek has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 24.9%, which is lower than the US average of 33.5%.

Tax Rates for La Paloma-Lost Creek
- The Sales Tax Rate for La Paloma-Lost Creek is 8.3%. The US average is 7.3%.
- The Income Tax Rate for La Paloma-Lost 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 La Paloma-Lost Creek
- The average income of a La Paloma-Lost Creek resident is $18,715 a year. The US average is $28,555 a year.
- The Median household income of a La Paloma-Lost Creek resident is $2,499 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLa Paloma-Lost Creek, TexasUnited States
  8.56
  -6.8%-6.2%
  24.9%33.5%
  8.3%6.2%
  0.0%4.6%
  $19,210$37,638
  $2,499$69,021
  $115,417$85,028
  Population by Occupation
  0.0%1.2%
  4.0%0.5%
  4.4%6.8%
  3.1%10.0%
  1.8%2.5%
  7.1%11.0%
  24.3%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  1.3%7.6%
  0.0%0.1%
  0.0%4.2%
  10.2%9.3%
  21.7%14.0%
  5.3%2.1%
  0.0%7.0%
  16.8%4.8%
  0.0%4.7%
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