Lake Dallas, TX is a small city located in Denton County with a population of 6,716. The cost of living in Lake Dallas is slightly higher than the US average and the rental rate for a two-bedroom apartment is $1,690. This is significantly higher than the United States' average rent which sits at $1,430. Grocery costs are on par with the national average as well as the Grocery Cost Index sits at 100. Local businesses in Lake Dallas include Maytag Laundromat & Cleaners, La Raza Tires & Automotive Repair, De Valle's Mexican Restaurant and Bar, Clay Gully Stables and Tomlinson’s Feed & Pet Supply Store. Overall, Lake Dallas is an affluent area that offers great local businesses and services to its residents.
Lake Dallas (zip 75065) has an unemployment rate of 5.6%. The US average is 6.0%.
Lake Dallas (zip 75065) has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 50.0%, which is higher than the US average of 33.5%.
Tax Rates for Lake Dallas (zip 75065)
- The Sales Tax Rate for Lake Dallas (zip 75065) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Lake Dallas (zip 75065) 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 Lake Dallas (zip 75065)
- The average income of a Lake Dallas (zip 75065) resident is $38,109 a year. The US average is $37,638 a year.
- The Median household income of a Lake Dallas (zip 75065) resident is $81,271 a year. The US average is $69,021 a year.