Las Lomas, TX is a small town located in the Texas region. The cost of living in Las Lomas is much lower than the national average, making it a desirable place to live for many people. For example, the average two bedroom rent in Las Lomas is only $860 compared to $1,430 for the US as a whole. Additionally, the Grocery Cost Index in Las Lomas is 89 versus 100 for the US.
Las Lomas has many local businesses that serve its residents including restaurants and retail stores such as Rancho Grande TexMex, Biggs Supermarket & Deli, and JR's Country Store. There are also family-owned shops such as Donut Palace Bakery and Corrales Convenience Store where locals can purchase everyday essentials at reasonable prices. With its low cost of living and abundance of local businesses, Las Lomas makes an attractive home for many people looking for a relaxed atmosphere and community feel.
Las Lomas has an unemployment rate of 18.4%. The US average is 6.0%.
Las Lomas 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 21.5%, which is lower than the US average of 33.5%.
Tax Rates for Las Lomas
- The Sales Tax Rate for Las Lomas is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Las Lomas 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 Las Lomas
- The average income of a Las Lomas resident is $8,094 a year. The US average is $28,555 a year.
- The Median household income of a Las Lomas resident is $28,721 a year. The US average is $69,021 a year.