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Economy in Commerce, Texas

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Economy
EconomyCommerce, TXUnited States
Unemployment Rate8.90%9.10%
Recent Job Growth2.05%-0.12%
Future Job Growth35.20%31.25%
Sales Taxes8.25%6.80%
Income Taxes0.00%6.25%
Income per Cap.$17,398$27,067
Household Income$29,146$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K29.84%12.10%
Income between 15K and 25K14.63%10.18%
Income between 25K and 35K13.45%10.56%
Income between 35K and 50K10.66%14.98%
Income between 50K and 75K14.06%19.53%
Income between 75K and 100K7.90%12.52%
Income between 100K and 150K6.58%12.14%
Income between 150K and 250K0.72%3.91%
Income between 250K and 500K1.84%3.34%
Income greater than 500K0.32%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations8.32%13.81%
Professional and Related Occupations27.90%22.68%
Service16.34%14.51%
Sales and Office22.23%25.22%
Farming, Fishing, and Forestry0.40%0.68%
Construction, Extraction, and Maintenance10.36%9.37%
Production, Transportation, and Material Moving16.30%15.86%
Median Household Income

The unemployment rate in Commerce, TX, is 8.90%, with job growth of 2.05%. Future job growth over the next ten years is predicted to be 35.20%.

Commerce, TX Taxes

Commerce, TX,sales tax rate is 8.25%. Income tax is 0.00%.

Commerce, TX Income and Salaries

The income per capita is $17,398, which includes all adults and children. The median household income is $29,146.


Commerce Economy SperlingViews

Quality of Life Cautions in Commerce: Being a college town, there are people that will take advantage of new comers to town, Before renting an apartment or house, check with the commerce housing authority,... (read more)Have an opinion about Commerce? Leave a commentTo See All SperlingViews for Commerce Click Here