Highland Park, TX Economy


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Highland Park, TX is a vibrant and lively community with plenty of amenities for residents. Two bedroom rent prices in the area are typically $2,150, higher than the US average of $1,430. Grocery costs in Highland Park are also higher than average with an index of 113 versus 100 in the US. Some notable local companies in the area include Sprinkles Cupcakes, Benefit Cosmetics, Tom Thumb grocery store and 7-Eleven convenience store. With so many businesses to choose from, Highland Park has something for everyone.

Highland Park has an unemployment rate of 7.2%. The US average is 6.0%.

Highland Park has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 43.8%, which is higher than the US average of 33.5%.

Tax Rates for Highland Park
- The Sales Tax Rate for Highland Park is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Highland Park 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 Highland Park
- The average income of a Highland Park resident is $123,793 a year. The US average is $28,555 a year.
- The Median household income of a Highland Park resident is $234,427 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHighland Park, TexasUnited States
  7.26
  -3.6%-6.2%
  43.8%33.5%
  8.3%6.2%
  0.0%4.6%
  $159,337$37,638
  $234,427$69,021
  $250,001$85,028
  Population by Occupation
  0.0%1.2%
  2.4%0.5%
  1.7%6.8%
  4.2%10.0%
  5.5%2.5%
  7.5%11.0%
  3.2%4.8%
  0.4%0.8%
  2.0%1.9%
  11.9%4.7%
  10.4%1.9%
  18.9%7.6%
  0.4%0.1%
  2.9%4.2%
  6.1%9.3%
  13.6%14.0%
  1.9%2.1%
  3.6%7.0%
  2.2%4.8%
  1.2%4.7%
Reviews for Highland Park
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Over 12 years ago

We may have a job change and are looking for a great school for our Teenage son and safe neighborhood. We will be moving from California a coastal community, pricey too.  More

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I have owned my home here for about 8 years and I love beng there. If you like, city country living this is the place to  More

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