Timbercreek Canyon, TX Economy


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Timbercreek Canyon, TX is a small city located in the US state of Texas. It is home to around 2,000 people and has a range of amenities such as supermarkets, restaurants, and schools. The cost of living is quite low compared to other cities in the US; 2 bedroom rent is $1,150 compared to the US average of $1,430, and the grocery cost index is 95 versus 100 in the US. Local businesses include Timbercreek Canyon Grocery which provides fresh produce for competitive prices and Claytons Plumbing which offers plumbing services at an affordable rate. Additionally, there are several small restaurants offering a variety of cuisines from Mexican food to Italian cuisine.

Timbercreek Canyon has an unemployment rate of 4.4%. The US average is 6.0%.

Timbercreek Canyon has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 33.6%, which is higher than the US average of 33.5%.

Tax Rates for Timbercreek Canyon
- The Sales Tax Rate for Timbercreek Canyon is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Timbercreek Canyon 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 Timbercreek Canyon
- The average income of a Timbercreek Canyon resident is $47,760 a year. The US average is $28,555 a year.
- The Median household income of a Timbercreek Canyon resident is $125,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTimbercreek Canyon, TexasUnited States
  4.46
  -3.1%-6.2%
  33.6%33.5%
  8.3%6.2%
  0.0%4.6%
  $52,601$37,638
  $125,250$69,021
  $127,250$85,028
  Population by Occupation
  1.3%1.2%
  2.5%0.5%
  7.1%6.8%
  10.1%10.0%
  1.7%2.5%
  8.0%11.0%
  3.4%4.8%
  2.1%0.8%
  1.7%1.9%
  8.4%4.7%
  1.3%1.9%
  7.1%7.6%
  0.0%0.1%
  2.9%4.2%
  16.4%9.3%
  8.4%14.0%
  1.3%2.1%
  0.8%7.0%
  9.2%4.8%
  6.3%4.7%
Reviews for Timbercreek Canyon
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Timbercreek Canyon is a gated community about 10 miles south of downtown Amarillo. Several years ago, I was looking for some land where I planned to build my house.   More

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