Zip 75453 (Lone Oak, TX) Economy


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75453 Lone Oak, TX is a beautiful and vibrant city situated in the heart of Texan countryside. The city is known for its lush green landscapes and peaceful atmosphere. Its citizens enjoy a high quality of life thanks to numerous amenities and businesses that serve the needs of the local community. The two bedroom rent in Lone Oak is quite affordable at $1,350 compared to the US average of $1,430. Grocery costs are also quite low with a local index score of 94 versus 100 in the US.
Businesses like Lone Oaks Glass & Mirror Co., LuLu's Fried Chicken and Reed Farms have been staples in Lone Oak for generations, offering a wide range of services from glass repair to fried chicken that can't be beaten anywhere else in the world! Other famous amenities include J&K Outfitters which specializes in outdoor supplies and apparel, as well as H&S Feed Store which offers excellent livestock feed and supplies for all kinds of animals. 75453 Lone Oak is an ideal place to live if you're looking for an affordable yet comfortable lifestyle.

Lone Oak (zip 75453) has an unemployment rate of 6.5%. The US average is 6.0%.

Lone Oak (zip 75453) has seen the job market increase by 3.2% over the last year. Future job growth over the next ten years is predicted to be 46.7%, which is higher than the US average of 33.5%.

Tax Rates for Lone Oak (zip 75453)
- The Sales Tax Rate for Lone Oak (zip 75453) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Lone Oak (zip 75453) 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 Lone Oak (zip 75453)
- The average income of a Lone Oak (zip 75453) resident is $23,880 a year. The US average is $28,555 a year.
- The Median household income of a Lone Oak (zip 75453) resident is $73,013 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLone Oak, TexasUnited States
  6.56
  -3.6%-6.2%
  46.7%33.5%
  6.8%6.2%
  0.0%4.6%
  $29,424$37,638
  $73,013$69,021
  $69,364$85,028
  Population by Occupation
  1.5%1.2%
  0.0%0.5%
  2.3%6.8%
  7.3%10.0%
  2.0%2.5%
  6.9%11.0%
  3.1%4.8%
  5.9%0.8%
  0.9%1.9%
  6.5%4.7%
  1.7%1.9%
  2.6%7.6%
  0.0%0.1%
  6.9%4.2%
  17.1%9.3%
  20.5%14.0%
  1.4%2.1%
  1.8%7.0%
  4.6%4.8%
  7.0%4.7%
Health