Ovilla, TX Economy


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Ovilla, TX is a small town located in the Dallas-Fort Worth metroplex area. With a population of approximately 5,000 people, Ovilla provides a peaceful atmosphere within an easy reach of urban amenities. Despite being located close to the bustling city life, 2 bedroom rent in Ovilla is slightly lower than the national average at $1,630 per month. In addition to affordable housing costs, Ovilla also has a Grocery Cost Index of 99 versus 100 in the US. Notable local companies include Torchwood Technologies and M & H Tire Company while popular attractions include Caddo Creek Farms and Red Oak Valley Golf Course.

Ovilla has an unemployment rate of 5.8%. The US average is 6.0%.

Ovilla 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 Ovilla
- The Sales Tax Rate for Ovilla is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Ovilla 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 Ovilla
- The average income of a Ovilla resident is $40,847 a year. The US average is $28,555 a year.
- The Median household income of a Ovilla resident is $100,882 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOvilla, TexasUnited States
  5.86
  -3.6%-6.2%
  48.7%33.5%
  6.3%6.2%
  0.0%4.6%
  $41,760$37,638
  $100,882$69,021
  $117,750$85,028
  Population by Occupation
  0.0%1.2%
  0.9%0.5%
  14.4%6.8%
  5.7%10.0%
  8.3%2.5%
  5.6%11.0%
  2.2%4.8%
  1.7%0.8%
  5.0%1.9%
  4.3%4.7%
  4.2%1.9%
  7.3%7.6%
  0.9%0.1%
  0.0%4.2%
  18.3%9.3%
  11.0%14.0%
  0.8%2.1%
  1.4%7.0%
  2.1%4.8%
  6.0%4.7%
Reviews for Ovilla
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Over 13 years ago

No 4 seasons and most of the time - JUST TOO HOT to enjoy the  More

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If you like living near a big city but in the suburbs Ovilla is a great place to live. The cost of living is very affordable. However if you're an outdoors person this  More

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