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Economy in Lubbock, Texas

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

EconomyLubbock, TXUnited States
Unemployment Rate5.50%8.60%
Recent Job Growth3.19%0.35%
Future Job Growth40.88%32.10%
Sales Taxes8.25%5.00%
Income Taxes0.00%4.70%
Income per Cap.$21,628$26,154
Household Income$39,940$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K17.81%12.37%
Income between 15K and 25K14.08%10.53%
Income between 25K and 35K11.94%10.88%
Income between 35K and 50K16.46%15.37%
Income between 50K and 75K17.68%20.14%
Income between 75K and 100K9.78%12.41%
Income between 100K and 150K7.74%11.27%
Income between 150K and 250K3.17%5.01%
Income between 250K and 500K1.23%1.86%
Income greater than 500K0.11%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations12.18%14.04%
Professional and Related Occupations22.79%20.61%
Service16.38%14.45%
Sales and Office29.72%26.75%
Farming, Fishing, and Forestry0.46%0.70%
Construction, Extraction, and Maintenance8.58%9.42%
Production, Transportation, and Material Moving9.88%14.05%


Median Household Income

The unemployment rate in Lubbock, TX, is 5.50%, with job growth of 3.19%. Future job growth over the next ten years is predicted to be 40.88%.

Lubbock, TX Taxes

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

Lubbock, TX Income and Salaries

The income per capita is $21,628, which includes all adults and children. The median household income is $39,940.


Lubbock Economy SperlingViews

Lubbock Texas: Lubbock Texas sits on the lower pandhandle, in west texas. Boast on of the largest medical district between Dallas and Phoenix. Mid size city of a quarter of million... (read more)re: Lubbock - 3/16/2006: Have you made it yourself in anything... (read more)Lubbock: Lubbock is a great place to live, it is under construction right now there are a lot new changes taking place to where it can be better. I think that if you can't make... (read more)Have an opinion about Lubbock? Leave a commentTo See All SperlingViews for Lubbock Click Here