Irving, TX Economy


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The city of Irving, TX is located in the Dallas-Fort Worth metropolitan area and offers residents a variety of amenities and attractions. With a population of almost 250,000 people, Irving is a great destination for those looking for stability and economic growth. The cost of living is relatively low compared to the national average, with rent for two-bedroom apartments averaging $1,640 per month versus the US average of $1,430. Groceries are also relatively affordable with an index of 100 in comparison to the US index.
The city is home to many well-known companies such as ExxonMobil, Kimberly-Clark Corporation and GameStop Corporation. Additionally, Irving provides easy access to the University of Dallas and other institutions of higher education via its public transit system. With plenty of entertainment options including theaters and museums as well as cultural events throughout the year like the Mardi Gras Festival and Texas Music Festivals, there's no shortage of things to do in Irving!

Irving has an unemployment rate of 6.6%. The US average is 6.0%.

Irving 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 44.1%, which is higher than the US average of 33.5%.

Tax Rates for Irving
- The Sales Tax Rate for Irving is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Irving 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 Irving
- The average income of a Irving resident is $26,959 a year. The US average is $28,555 a year.
- The Median household income of a Irving resident is $69,961 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyIrving, TexasUnited States
  6.66
  -3.6%-6.2%
  44.1%33.5%
  8.3%6.2%
  0.0%4.6%
  $34,023$37,638
  $69,961$69,021
  $77,716$85,028
  Population by Occupation
  0.0%1.2%
  0.3%0.5%
  9.6%6.8%
  8.6%10.0%
  3.1%2.5%
  9.6%11.0%
  8.5%4.8%
  0.5%0.8%
  2.5%1.9%
  8.0%4.7%
  2.5%1.9%
  11.8%7.6%
  0.2%0.1%
  6.3%4.2%
  5.2%9.3%
  8.2%14.0%
  1.2%2.1%
  8.5%7.0%
  3.7%4.8%
  1.5%4.7%
Reviews for Irving
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Over 5 years ago

It's a decent place to live  More

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Good schools and jobs here! I highly recommend it!! Love Los Colinas in  More

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I have never been to a school where the teachers were more committed to helping students be the most successful they could be. The students here are held to high  More

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