In Roman Forest Texas, the income inequality is higher than the national average, and health care spending per person is higher than the national average. You should also consider purchasing a Business Owner's Policy, which combines liability and property insurance. This type of policy is good for any Roman Forest business that has a physical location and is often more affordable due to bundling.
Income inequality in Texas is higher than the national average
Income inequality in Roman Forest Texas is higher than that of the rest of the country. In this area, males make on average 1.39 times more than females. This inequality is higher than the national average of 0.478. In Roman Forest Texas, there are 918 people working in the economy, and the top paying industries are Finance & Insurance ($155,417), Construction ($99 people), and Mining ($132,500).
In Roman Forest Texas, the median home value was $236,900 in 2020, which was 1.03 times higher than the national average of $229,800. Additionally, the homeownership rate was 92.8% in 2016, higher than the national average of 64.4%. Moreover, residents of Roman Forest, TX drive an average of 35.9 minutes to get to work, putting them in a higher class than their peers.
Income inequality in Roman Forest, TX is higher than the national average, according to Census Bureau data. The median household income in Roman Forest, TX is $42,400, which is slightly higher than the national average. The region also has a larger percentage of people working in office and administrative support occupations.
Roman Forest, TX has a population of 1.81k, with 97.8% citizens and 3.58% of non-citizens. The median household income was $102,500 in 2020, a 3.58% increase from 2014. In terms of ethnicity, the five largest groups in Roman Forest, TX are White (Non-Hispanic) (83.6%), White (Hispanic) (8.71%), Two+ (Non-Hispanic) (3.53%), and Black or African American (1.54%).
Health care spending per capita in Roman Forest is higher than the national average
The cost of health care in Roman Forest is higher than the national average, according to recent data. The median annual health care spending in Roman Forest is $1,050, or 2.9 percent of the local economy. The median age of residents of Roman Forest, TX is 47.3. The median age for native-born residents is 48. The median age of foreign-born residents is 37. The median household income in Roman Forest, TX is $42,880.
The median annual income in Roman Forest, TX is $102,500, which is higher than the national average of $64,994. The average household income in Roman Forest, TX is $95,781 compared to the national median of $52,396. The highest paying industries in Roman Forest, TX are Construction, Health Care & Social Assistance, and Finance & Insurance.
Roman Forest, TX is home to approximately 1.81k people. Ninety-seven percent of the population is American and 3.58% is foreign-born. The median household income in Roman Forest, TX is $102,500, and the five largest ethnic groups are White (Non-Hispanic) (83.6%), White (Hispanic) (8.71%), Two+ (Non-Hispanic) (3.53%), and Black or African-American (1.54%).
Roman Forest, TX has an average property value of $236,900 in 2020. The median property value is one-third higher than the national average of $229,800. The homeownership rate in Roman Forest, TX is 92.8%, higher than the national average of 64.4%. Roman Forest, TX residents own an average of 3 cars.
The United States spends more money per capita on health care than most other developed nations. The primary reason for the higher U.S. health care spending is higher prices, according to a study by the Johns Hopkins Bloomberg School of Public Health. Higher drug prices, increased salaries, and more medical services are driving the increase in costs.
Average age of Roman Forest car insurance policyholders
Car insurance policies cover the costs of accidents and injuries caused by other people. These victims can be a child, a wage earner, a doctor, or even a homeless person. The costs can be minor or large, depending on the severity of the accident and the injuries sustained. For business owners, Texas commercial auto insurance can help protect their assets and legal obligations in the event of an accident. Liability coverage can cover legal fees and cover any lawsuits related to the accident. It is important to choose a high enough coverage limit to cover any serious injuries or loss of earnings.
Insurance premiums also depend on the type of business. Larger companies tend to have higher insurance premiums than small businesses with lower revenue. Similarly, an accountant may have lower insurance premiums than a roofing company, which typically has higher bodily injury claims. Additionally, zip code can have a substantial impact on a policy's price.
Cost of Roman Forest car insurance based on clean driving record
The cost of car insurance in Roman Forest Texas is not the same for every person. It varies greatly from company to company and from city to city. You can compare prices by using a free online insurance quote comparison service. Auto insurers consider several factors when determining a policy's price. These factors can include your vehicle type, driving record, marital status, and address. You should be aware of all of these factors when comparing rates.