Lakehills, TX Economy


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Lakehills, TX is a small town located in Bandera county. It boasts an affordable cost of living, with 2 bedroom rent costing $1,280 compared to the US average of $1,430. Grocery costs are also greatly reduced in Lakehills, TX with their index rating 93 compared to the US index rating of 100. There are many local businesses that call Lakehills home, such as The Donut Shack Bakery and Cafe, Bandera Lumber Co., and Lakehills Veterinary Clinic. These local establishments provide the community with quality products and services for a great price.

Lakehills has an unemployment rate of 5.8%. The US average is 6.0%.

Lakehills has seen the job market increase by 1.7% 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 Lakehills
- The Sales Tax Rate for Lakehills is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Lakehills 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 Lakehills
- The average income of a Lakehills resident is $26,530 a year. The US average is $28,555 a year.
- The Median household income of a Lakehills resident is $72,833 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLakehills, TexasUnited States
  5.86
  -4.7%-6.2%
  39.4%33.5%
  6.8%6.2%
  0.0%4.6%
  $31,013$37,638
  $72,833$69,021
  $78,861$85,028
  Population by Occupation
  0.8%1.2%
  0.0%0.5%
  13.0%6.8%
  7.5%10.0%
  1.2%2.5%
  15.5%11.0%
  2.1%4.8%
  0.0%0.8%
  0.8%1.9%
  8.7%4.7%
  1.5%1.9%
  3.3%7.6%
  0.0%0.1%
  3.3%4.2%
  10.1%9.3%
  19.1%14.0%
  0.9%2.1%
  2.6%7.0%
  8.5%4.8%
  1.0%4.7%
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