New Berlin, TX Economy


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New Berlin, TX is a great place to live and work. The two bedroom rental rate is much lower than the US average, making it an affordable option for families. The cost of groceries in New Berlin is also slightly lower than the national average, providing additional savings on basic living expenses. New Berlin has a variety of local businesses and attractions that offer something for everyone. These include popular restaurants like the Dog House Diner, places to shop like The Unique Boutique, and attractions such as the New Berlin Community Pool. With all these options available, New Berlin residents can enjoy life without breaking the bank.

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

New Berlin 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 41.7%, which is higher than the US average of 33.5%.

Tax Rates for New Berlin
- The Sales Tax Rate for New Berlin is 8.3%. The US average is 7.3%.
- The Income Tax Rate for New Berlin 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 New Berlin
- The average income of a New Berlin resident is $28,680 a year. The US average is $28,555 a year.
- The Median household income of a New Berlin resident is $100,341 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Berlin, TexasUnited States
  5.66
  -4.7%-6.2%
  41.7%33.5%
  6.8%6.2%
  0.0%4.6%
  $38,398$37,638
  $100,341$69,021
  $100,852$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  14.4%6.8%
  3.6%10.0%
  6.5%2.5%
  13.4%11.0%
  2.4%4.8%
  5.3%0.8%
  1.2%1.9%
  10.0%4.7%
  3.8%1.9%
  6.0%7.6%
  0.0%0.1%
  5.0%4.2%
  10.3%9.3%
  10.0%14.0%
  1.0%2.1%
  2.2%7.0%
  1.9%4.8%
  3.1%4.7%
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