Tiki Island, TX is a small coastal town off the coast of Texas. It is known for its warm and sunny weather, beautiful beaches, and vibrant community. Residents of the area enjoy the low cost of living as 2 Bedroom Rent in Tiki Island is $1,370 compared to US which is at $1,430. Additionally, grocery costs are comparatively lower as the Grocery Cost Index in Tiki Island is 103 versus 100 in the US. The town boasts plenty of local businesses including restaurants such as Salty's Bar and Grill and Bayview Café, specialty shops like Coastal Collections Boutique and Tiki Island Tackle, along with other services such as Gulf Coast Realty Group and A Cut Above Marine Maintenance Services.
Tiki Island has an unemployment rate of 8.2%. The US average is 6.0%.
Tiki Island has seen the job market increase by 3.1% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.
Tax Rates for Tiki Island
- The Sales Tax Rate for Tiki Island is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Tiki Island 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 Tiki Island
- The average income of a Tiki Island resident is $79,775 a year. The US average is $28,555 a year.
- The Median household income of a Tiki Island resident is $104,857 a year. The US average is $69,021 a year.