HomeTexas › Runaway Bay

Runaway Bay, Texas

city · Wise County

At a glance

1,717
Population
$307,600
Median home value (all homes)
1% above U.S. median
$285,201
Typical market value
Zillow, 2026-07
$1,227/mo
Median rent
9% below U.S. median
$96,875
Median household income
23% above U.S. median
36.2 min
Average commute
92.5%
Homes with broadband
0%
Locations with fiber available
3.7%
Unemployment

Cost of living (Clay Affordability Index)

CAI 104 — 4% above the national average. how it's computed

Housing19% above
Goods & services1% above
Utilities24% above
Taxes57% below
Insurance25% above
Commute cost19% above
For business: Texas is CBII band 3/5 · time to build band 1/5. See state page for the breakdown.

Living here

Nearest 4-year college41 mi
Nearest community college30 mi
Nearest technical college36 mi
High school graduates93.4%
College graduates33.5%

Doing business here

Economic development contacts, most local first:

state Office of the Governor (Texas)
Texas Economic Development Corporation (TxEDC) markets Texas as the premier destination for business and provides information to help businesses explore opportunities in Texas. It supports the Governor’s Office of Economic Development and Tourism in promoting Texas as a premier destination for business.
state Texas Economic Development
The Texas Economic Development & Tourism Office offers resources for Texas businesses, communities and residents, as well as those looking to do business in Texas. Our office publishes in-depth reports on the economy of Texas and the state’s targeted growth industries. We also offer a number of events throughout the year, covering a wide range of business-related topics—everything from getting started in the state to growing your business internationally.
State sales taxYes
State income taxNone
Right-to-work stateYes

Similar towns nearby

Lake Bridgeport, TX 4 mi · pop 358 · $204k
Bridgeport, TX 8 mi · pop 6,331 · $254k
Chico, TX 10 mi · pop 1,512 · $170k
Paradise, TX 11 mi · pop 627 · $320k
Jacksboro, TX 17 mi · pop 4,334 · $260k