Lake Medina Shores, TX is a great place to live with a low cost of living. Rent for a two bedroom apartment in Lake Medina Shores is only $1,110 compared to the U.S. average of $1,430. Additionally, the Grocery Cost Index in Lake Medina Shores is 94 compared to 100 in the US on average. There are many great local companies that make living here enjoyable such as H-E-B grocery stores, CVS Pharmacy, Walmart Supercenter, and Whataburger restaurants. All these amenities make Lake Medina Shores an ideal place to call home.
Lake Medina Shores has an unemployment rate of 5.8%. The US average is 6.0%.
Lake Medina Shores has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 39.4%, which is higher than the US average of 33.5%.
Tax Rates for Lake Medina Shores
- The Sales Tax Rate for Lake Medina Shores is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Lake Medina Shores 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 Lake Medina Shores
- The average income of a Lake Medina Shores resident is $24,356 a year. The US average is $37,638 a year.
- The Median household income of a Lake Medina Shores resident is $46,631 a year. The US average is $69,021 a year.