Runaway Bay, TX is a great place to call home due to its affordable costs of living. With an average 2 bedroom rent at $990, it's far cheaper than the US average of $1,430. The Grocery Cost Index is also lower than the national US average at 97 versus 100 in the US. Local businesses and companies make up a large part of Runaway Bay's economy, with notable ones including Lady Bird Lake Marina & Boat Rentals and Mcclure’s Marina & RV Park. \nIn addition to being affordable, Runaway Bay also offers stunning views of Lake Bridgeport and plenty of outdoor activities for all ages such as fishing, water sports, boating and camping. There are plenty of parks to explore in the area such as Weekley Park and Village Creek State Park that offer great recreational opportunities for both locals and visitors alike. Overall, Runaway Bay is an ideal place to live for those who enjoy a laid back lifestyle surrounded by natural beauty at an affordable cost.
Runaway Bay has an unemployment rate of 6.1%. The US average is 6.0%.
Runaway Bay has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 40.0%, which is higher than the US average of 33.5%.
Tax Rates for Runaway Bay
- The Sales Tax Rate for Runaway Bay is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Runaway Bay 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 Runaway Bay
- The average income of a Runaway Bay resident is $35,591 a year. The US average is $28,555 a year.
- The Median household income of a Runaway Bay resident is $77,500 a year. The US average is $69,021 a year.