Lancaster, Texas is a thriving town just south of Dallas with unique tourist attractions and businesses. Lancaster boasts an affordable 2 bedroom rent of $1,530 compared to the national average at $1,430. Residents in Lancaster are also able to save on groceries due to the Grocery Cost Index being 97 instead of 100 like the rest of the United States. There are many local companies and attractions for residents and visitors to enjoy. Companies such as The Home Depot, Cinemark, Walmart Supercenter and AutoZone all have locations in Lancaster. Visitors can take advantage of tourist attractions such as the Lancaster Historical Museum, Get Air Trampoline Park, Tipps Canoe & Kayak Adventures or Rockin' S Ranch Horseback Riding. With so much to do, it's no wonder why Lancaster is growing in popularity!
Lancaster has an unemployment rate of 10.4%. The US average is 6.0%.
Lancaster has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 39.5%, which is higher than the US average of 33.5%.
Tax Rates for Lancaster
- The Sales Tax Rate for Lancaster is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Lancaster 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 Lancaster
- The average income of a Lancaster resident is $20,222 a year. The US average is $28,555 a year.
- The Median household income of a Lancaster resident is $59,952 a year. The US average is $69,021 a year.