Zip 78669 (Spicewood, TX) Economy


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78669 Spicewood, TX is a great place to live for those looking for an affordable lifestyle. The 2 Bedroom rent in this area is $1,350 compared to the US average of $1,430 making it a more wallet-friendly option. Additionally, grocery costs are also lower here with an index of 99 versus 100 in the US. There are plenty of local companies to work for including Covert Hyundai, Star Auto Group and Marcasite Design Inc who all have offices in the area. In summary 78669 Spicewood, TX has a low cost of living and plenty of job opportunities making it an ideal place to call home.

Spicewood (zip 78669) has an unemployment rate of 5.3%. The US average is 6.0%.

Spicewood (zip 78669) has seen the job market increase by 3.5% over the last year. Future job growth over the next ten years is predicted to be 47.2%, which is higher than the US average of 33.5%.

Tax Rates for Spicewood (zip 78669)
- The Sales Tax Rate for Spicewood (zip 78669) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Spicewood (zip 78669) 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 Spicewood (zip 78669)
- The average income of a Spicewood (zip 78669) resident is $45,573 a year. The US average is $28,555 a year.
- The Median household income of a Spicewood (zip 78669) resident is $110,573 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySpicewood, TexasUnited States
  5.36
  -3.3%-6.2%
  47.2%33.5%
  8.3%6.2%
  0.0%4.6%
  $56,536$37,638
  $110,573$69,021
  $129,063$85,028
  Population by Occupation
  0.9%1.2%
  0.1%0.5%
  9.8%6.8%
  5.9%10.0%
  3.5%2.5%
  8.8%11.0%
  2.3%4.8%
  1.1%0.8%
  3.1%1.9%
  3.9%4.7%
  6.7%1.9%
  17.4%7.6%
  0.1%0.1%
  3.2%4.2%
  6.6%9.3%
  10.0%14.0%
  2.8%2.1%
  3.2%7.0%
  6.5%4.8%
  4.1%4.7%
Health