Bolivar Peninsula, TX (77617) is an area with a unique beach town atmosphere surrounded by natural beauty. The cost of living in this area is slightly higher than the national average due to the high demand for housing. Two bedroom rent in Bolivar Peninsula is $1,310 compared to the nationwide average of $1,430. Additionally, the grocery cost index in the area is 103 versus 100 nationally. This area is known for its popular businesses such as Rollover Seafood Company, Sea Shack Restaurant & Bar, and Tiki Beach Bar & Grill. These businesses contribute to Bolivar's local economy and attract visitors who come to experience all that the peninsula has to offer – from fresh seafood restaurants to beachside tiki bars. All these factors combine make Bolivar Peninsula an expensive place to live or visit but also lend to its charm and sense of community that makes it special.
Bolivar Peninsula (zip 77617) has an unemployment rate of 8.2%. The US average is 6.0%.
Bolivar Peninsula (zip 77617) has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.
Tax Rates for Bolivar Peninsula (zip 77617)
- The Sales Tax Rate for Bolivar Peninsula (zip 77617) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Bolivar Peninsula (zip 77617) 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 Bolivar Peninsula (zip 77617)
- The average income of a Bolivar Peninsula (zip 77617) resident is $31,026 a year. The US average is $37,638 a year.
- The Median household income of a Bolivar Peninsula (zip 77617) resident is $0 a year. The US average is $69,021 a year.