Olmos Park, TX is a pleasant residential area located just northeast of San Antonio. This small suburb provides an affordable cost of living with average 2 bedroom rent at $1,160 compared to the national standard of $1,430. Furthermore, grocery costs in Olmos Park are also lower than the US average as it has a Grocery Cost Index of 93 versus 100 in the US. This makes it an attractive choice for anyone looking to live comfortably on a budget. \nThe city is home to various businesses and amenities such as Olmos Pharmacy and Olmos Park Hardware & Supply Co., local parks and green spaces such as Alameda Circle and Jones-Maltsberger Road Nature Preserve, as well as restaurants ranging from casual eats like La Fonda on Main serving up Mexican cuisine to Michelin-starred restaurant Botika offering modern Peruvian fare. All these offerings make Olmos Park a great place to live and raise a family.
Olmos Park has an unemployment rate of 6.7%. The US average is 6.0%.
Olmos Park 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 Olmos Park
- The Sales Tax Rate for Olmos Park is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Olmos Park 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 Olmos Park
- The average income of a Olmos Park resident is $86,631 a year. The US average is $28,555 a year.
- The Median household income of a Olmos Park resident is $146,944 a year. The US average is $69,021 a year.