Bay City, TX (77414) is a great place to call home as it has a lower cost of living compared to the national average. The average 2 bedroom rental rate in Bay City is $800 per month which is much cheaper than the US average of $1430 per month. Furthermore, grocery costs are also lower with an index score of 95 versus the US average score of 100. Therefore, people living in Bay City enjoy more financial freedoms. This city provides plenty of job opportunities for its residents due to the presence of companies like G6 Airpark, Alamo Group Inc., and Nessler Center. Additionally, there are numerous restaurants, shops and entertainment venues located throughout Bay City making it an ideal place to live.
Bay City (zip 77414) has an unemployment rate of 9.9%. The US average is 6.0%.
Bay City (zip 77414) 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 (zip 77414)
- The Sales Tax Rate for Bay City (zip 77414) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Bay City (zip 77414) 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 (zip 77414)
- The average income of a Bay City (zip 77414) resident is $23,399 a year. The US average is $28,555 a year.
- The Median household income of a Bay City (zip 77414) resident is $49,680 a year. The US average is $69,021 a year.