Bay City, TX Metro Area is a desirable place to live with an affordable cost of living. The 2 Bedroom Rent in Bay City, TX Metro Area is $1,010 which is significantly lower than the US average of $1,430. Additionally the Grocery Cost Index in Bay City is 96 versus 100 in the United States. This makes Bay City a great place to settle down with a family. The city has a rich culture and many local companies that make it special. Some of these include: H-E-B Grocery Store, Texas Energy Company, The Home Depot, and Priority Bank. These businesses provide job opportunities and contribute to the city's economy while also providing residents with services they may need for everyday life in Bay City.
Bay City Metro Area has an unemployment rate of 9.9%. The US average is 6.0%.
Bay City Metro Area has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 21.0%, which is lower than the US average of 33.5%.
Tax Rates for Bay City Metro Area
- The Sales Tax Rate for Bay City Metro Area is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Bay City Metro Area 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 Bay City Metro Area
- The average income of a Bay City Metro Area resident is $22,072 a year. The US average is $28,555 a year.
- The Median household income of a Bay City Metro Area resident is $48,566 a year. The US average is $69,021 a year.