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Economy in Bay City, Texas

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyBay City, TXUnited States
Unemployment Rate11.30%9.10%
Recent Job Growth-1.87%-0.12%
Future Job Growth24.96%31.25%
Sales Taxes8.25%6.80%
Income Taxes0.00%6.25%
Income per Cap.$19,020$27,067
Household Income$37,272$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K20.80%12.10%
Income between 15K and 25K13.45%10.18%
Income between 25K and 35K13.42%10.56%
Income between 35K and 50K14.90%14.98%
Income between 50K and 75K17.09%19.53%
Income between 75K and 100K8.72%12.52%
Income between 100K and 150K9.02%12.14%
Income between 150K and 250K1.48%3.91%
Income between 250K and 500K0.94%3.34%
Income greater than 500K0.18%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations9.92%13.81%
Professional and Related Occupations20.70%22.68%
Service13.63%14.51%
Sales and Office21.74%25.22%
Farming, Fishing, and Forestry1.50%0.68%
Construction, Extraction, and Maintenance15.47%9.37%
Production, Transportation, and Material Moving18.45%15.86%
Median Household Income

The unemployment rate in Bay City, TX, is 11.30%, with job growth of -1.87%. Future job growth over the next ten years is predicted to be 24.96%.

Bay City, TX Taxes

Bay City, TX,sales tax rate is 8.25%. Income tax is 0.00%.

Bay City, TX Income and Salaries

The income per capita is $19,020, which includes all adults and children. The median household income is $37,272.


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