Progreso Lakes, TX is a small community in the southeastern part of the state. It is a great place to call home with its affordable living costs and local amenities. Rent for a two bedroom apartment is $880 per month in Progreso Lakes, TX, which is significantly lower than the national average of $1,430. The cost of groceries is also lower in Progreso Lakes, with an index score of 90 compared to 100 nationally. This makes it perfect for individuals and families looking for an affordable place to live without sacrificing quality of life. The area has many local businesses including grocery stores such as EZ Mart and grocery stores like Panchito's Supermarket; restaurants like El Rey Del Sabor and La Cocina de Lupita; and convenience stores like Circle K.
Progreso Lakes has an unemployment rate of 11.2%. The US average is 6.0%.
Progreso Lakes has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 32.2%, which is lower than the US average of 33.5%.
Tax Rates for Progreso Lakes
- The Sales Tax Rate for Progreso Lakes is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Progreso Lakes 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 Progreso Lakes
- The average income of a Progreso Lakes resident is $52,908 a year. The US average is $37,638 a year.
- The Median household income of a Progreso Lakes resident is $113,438 a year. The US average is $69,021 a year.