Oak Leaf, TX is a vibrant city located in the state of Texas. It offers plenty of employment opportunities with major companies such as Dillard’s, Target, and Walmart having stores in Oak Leaf. The population is estimated to be around 17,500 people. The cost of living in Oak Leaf is slightly higher than the US average due to higher 2 bedroom rental prices which average at $1,630 compared to $1,430 for the US overall; however grocery costs are lower than average with an index score of 99 compared to 100 in the US. All things considered Oak Leaf still offers residents an affordable place to live while also providing access to major employers.
Oak Leaf has an unemployment rate of 5.8%. The US average is 6.0%.
Oak Leaf 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 48.7%, which is higher than the US average of 33.5%.
Tax Rates for Oak Leaf
- The Sales Tax Rate for Oak Leaf is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Oak Leaf 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 Oak Leaf
- The average income of a Oak Leaf resident is $54,005 a year. The US average is $37,638 a year.
- The Median household income of a Oak Leaf resident is $139,028 a year. The US average is $69,021 a year.