Lucas, TX Economy


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Lucas, Texas is a small city located in Collin County. It is home to some well-known companies such as Frito-Lay and Imaginarium Comics. According to recent statistics, the average two bedroom rent in Lucas is $1,990 which is significantly higher than the US average of $1,430. Additionally, the grocery cost index here is 101 compared to 100 in the US. This indicates that food prices are slightly more expensive when compared to other places around the country. Residents here have access to various amenities such as parks, recreation centers, shopping malls, amongst others, making it a great place for families looking for affordable housing options.

Lucas has an unemployment rate of 5.6%. The US average is 6.0%.

Lucas has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 48.6%, which is higher than the US average of 33.5%.

Tax Rates for Lucas
- The Sales Tax Rate for Lucas is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Lucas 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 Lucas
- The average income of a Lucas resident is $57,157 a year. The US average is $28,555 a year.
- The Median household income of a Lucas resident is $159,563 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLucas, TexasUnited States
  5.66
  -3.5%-6.2%
  48.6%33.5%
  8.3%6.2%
  0.0%4.6%
  $78,708$37,638
  $159,563$69,021
  $210,169$85,028
  Population by Occupation
  0.0%1.2%
  0.9%0.5%
  10.1%6.8%
  13.3%10.0%
  1.4%2.5%
  4.2%11.0%
  2.4%4.8%
  0.0%0.8%
  2.7%1.9%
  13.5%4.7%
  0.4%1.9%
  10.2%7.6%
  0.0%0.1%
  8.0%4.2%
  5.6%9.3%
  11.4%14.0%
  1.6%2.1%
  5.0%7.0%
  4.8%4.8%
  4.7%4.7%
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