Lake View, TX is an attractive destination for those looking for a more affordable cost of living. It's 2 bedroom rent prices are around $910 compared to the US average of $1,430 which is quite a difference. Grocery costs are also lower in Lake View with a grocery cost index of 90 versus 100 in the US. People in Lake View have access to quality amenities without having to pay as much as they would in other cities. Local businesses include Tuna’s Barbecue Restaurant, Bartow Grocery, and Jordan’s Salon & Spa, all providing great services at competitive prices. In addition to its affordability, Lake View also offers plenty of outdoor activities such as hiking and camping at nearby lakeside parks. All things considered, Lake View provides a unique balance between quality amenities and affordability that you can't find anywhere else!
Lake View has an unemployment rate of 7.1%. The US average is 6.0%.
Lake View has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 36.2%, which is higher than the US average of 33.5%.
Tax Rates for Lake View
- The Sales Tax Rate for Lake View is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Lake View 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 View
- The average income of a Lake View resident is $21,993 a year. The US average is $37,638 a year.
- The Median household income of a Lake View resident is $0 a year. The US average is $69,021 a year.