Highland Village, TX is a suburban community located in the Dallas-Fort Worth area. It has a vibrant local economy with major employers such as Amazon, Alcon Laboratories, and Texas Health Presbyterian Hospital Flower Mound. Highland Village has an attractive cost of living compared to the national average; rent for two bedroom apartments is roughly $490 more expensive than the US average, but grocery costs are only 2% higher than the national index. This makes it an ideal location for those looking to take advantage of both urban amenities and lower prices.
Highland Village has an unemployment rate of 5.6%. The US average is 6.0%.
Highland Village has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 50.0%, which is higher than the US average of 33.5%.
Tax Rates for Highland Village
- The Sales Tax Rate for Highland Village is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Highland Village 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 Highland Village
- The average income of a Highland Village resident is $61,316 a year. The US average is $37,638 a year.
- The Median household income of a Highland Village resident is $151,951 a year. The US average is $69,021 a year.