Live Oak, TX is a small city nestled in the heart of South Texas. It has a population of over 8,000 people and provides an affordable cost of living with two-bedroom apartments costing about $1,340 per month on average. The grocery cost index in Live Oak is also lower than the national average at 91 versus 100. Local businesses include Walmart Supercenter, Sonic Drive-In, Burger King, Domino's Pizza, HEB Grocery Store, Live Oak City Hall and more.The affordability and convenience of local stores make for an enjoyable life for many local residents in Live Oak.
Live Oak has an unemployment rate of 6.7%. The US average is 6.0%.
Live Oak has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 39.6%, which is higher than the US average of 33.5%.
Tax Rates for Live Oak
- The Sales Tax Rate for Live Oak is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Live Oak 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 Live Oak
- The average income of a Live Oak resident is $27,984 a year. The US average is $28,555 a year.
- The Median household income of a Live Oak resident is $69,374 a year. The US average is $69,021 a year.