Eagle Lake, TX is a small town located in Colorado County with an estimated population of 2,400 people. The town offers plenty of attractions for residents such as local shopping outlets, delicious restaurants and recreational parks. The cost of living in Eagle Lake is relatively low compared to other parts of the country. For example, the average rent for a two bedroom apartment is currently $920 per month in Eagle Lake while the national average for the same is $1,430. The Grocery Cost Index in Eagle Lake is 93 which is lower than the 100 index score assigned to the US as a whole. Local companies include Walmart Supercenter, Pizza Hut and Donut Palace Bakery & Cafe among many others.
Eagle Lake has an unemployment rate of 6.0%. The US average is 6.0%.
Eagle Lake has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 29.2%, which is lower than the US average of 33.5%.
Tax Rates for Eagle Lake
- The Sales Tax Rate for Eagle Lake is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Eagle Lake 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 Eagle Lake
- The average income of a Eagle Lake resident is $17,782 a year. The US average is $28,555 a year.
- The Median household income of a Eagle Lake resident is $43,689 a year. The US average is $69,021 a year.