Lake Worth, TX is a wonderful city situated in the state of Texas. It offers a variety of amenities for its residents, including affordable two bedroom rentals at $1,270 per month which is lower than the national average of $1,430. Furthermore, groceries in Lake Worth are quite reasonably priced with an index rating of 97 compared to 100 in the US overall. There are a number of local companies and amenities to explore including shops such as Home Depot, Walmart and Target as well as restaurants like Auntie Anne’s Pretzels and Olive Garden. Additionally, there are many recreational activities offered here such as fishing at Lake Worth or visiting one of the parks in town. All in all, Lake Worth makes for an ideal place to call home!
Lake Worth has an unemployment rate of 6.9%. The US average is 6.0%.
Lake Worth has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 40.0%, which is higher than the US average of 33.5%.
Tax Rates for Lake Worth
- The Sales Tax Rate for Lake Worth is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Lake Worth 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 Lake Worth
- The average income of a Lake Worth resident is $25,183 a year. The US average is $28,555 a year.
- The Median household income of a Lake Worth resident is $78,958 a year. The US average is $69,021 a year.