West Lake Hills, TX Economy


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West Lake Hills, TX is a beautiful city located in the heart of Travis County. With its breathtaking views and close proximity to downtown Austin, this city is an ideal location for those looking to live in a comfortable and inviting environment. The cost of rent for two bedroom homes in West Lake Hills is slightly higher than the US average at $2,060 versus $1,430 but the grocery cost index is 106 compared to 100 nationally. Popular businesses in West Lake Hills include Waterloo Ice House, Austin Java Bar & Eatery, Songbird Natural Medicine Clinic, and Goodwood BBQ Restaurant. Those looking for employment will find plenty of options such as finance firms like Hines Scott & Associates or tech companies like Q2ebanking. Job seekers should also keep their eyes open for other opportunities as this growing city offers plenty of them.

West Lake Hills has an unemployment rate of 5.3%. The US average is 6.0%.

West Lake Hills has seen the job market increase by 3.5% over the last year. Future job growth over the next ten years is predicted to be 47.2%, which is higher than the US average of 33.5%.

Tax Rates for West Lake Hills
- The Sales Tax Rate for West Lake Hills is 8.3%. The US average is 7.3%.
- The Income Tax Rate for West Lake Hills 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 West Lake Hills
- The average income of a West Lake Hills resident is $102,423 a year. The US average is $37,638 a year.
- The Median household income of a West Lake Hills resident is $191,667 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWest Lake Hills, TexasUnited States
  5.36
  -3.3%-6.2%
  47.2%33.5%
  8.3%6.2%
  0.0%4.6%
  $102,423$37,638
  $191,667$69,021
  $221,250$85,028
  Population by Occupation
  0.0%1.2%
  0.7%0.5%
  0.9%6.8%
  5.2%10.0%
  1.5%2.5%
  6.5%11.0%
  0.6%4.8%
  0.8%0.8%
  3.2%1.9%
  4.9%4.7%
  9.2%1.9%
  23.9%7.6%
  0.0%0.1%
  1.8%4.2%
  19.0%9.3%
  10.8%14.0%
  4.7%2.1%
  1.3%7.0%
  2.3%4.8%
  2.8%4.7%
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