White Oak, TX Economy


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White Oak, TX is a great place to live for anyone looking for an affordable cost of living. The two bedroom rent in White Oak is substantially lower than the US average, at $1,210 compared to $1,430. Additionally, the grocery cost index in White Oak is 93 versus 100 in the US. Local companies include Homecare Professionals Inc., White Oak Family Practice, and White Oak Auto LLC. All of these local businesses provide residents with access to goods and services they need and make living in White Oak even more convenient. With its lower costs of living and abundance of local businesses, there's no doubt that White Oak is a great place to live.

White Oak has an unemployment rate of 8.0%. The US average is 6.0%.

White Oak has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 19.8%, which is lower than the US average of 33.5%.

Tax Rates for White Oak
- The Sales Tax Rate for White Oak is 8.3%. The US average is 7.3%.
- The Income Tax Rate for White Oak 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 White Oak
- The average income of a White Oak resident is $24,631 a year. The US average is $28,555 a year.
- The Median household income of a White Oak resident is $81,219 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWhite Oak, TexasUnited States
  86
  -7.2%-6.2%
  19.8%33.5%
  8.3%6.2%
  0.0%4.6%
  $32,041$37,638
  $81,219$69,021
  $81,582$85,028
  Population by Occupation
  0.0%1.2%
  4.1%0.5%
  3.5%6.8%
  9.6%10.0%
  4.8%2.5%
  14.8%11.0%
  4.9%4.8%
  0.0%0.8%
  0.9%1.9%
  6.6%4.7%
  2.2%1.9%
  7.2%7.6%
  0.6%0.1%
  3.3%4.2%
  10.1%9.3%
  8.6%14.0%
  1.0%2.1%
  9.1%7.0%
  5.3%4.8%
  3.5%4.7%
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