Economy in Lubbock, Texas
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| Unemployment Rate | 5.50% | 8.60% |
| Recent Job Growth | 3.19% | 0.35% |
| Future Job Growth | 40.88% | 32.10% |
| Sales Taxes | 8.25% | 5.00% |
| Income Taxes | 0.00% | 4.70% |
| Income per Cap. | $21,628 | $26,154 |
| Household Income | $39,940 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 17.81% | 12.37% |
| Income between 15K and 25K | 14.08% | 10.53% |
| Income between 25K and 35K | 11.94% | 10.88% |
| Income between 35K and 50K | 16.46% | 15.37% |
| Income between 50K and 75K | 17.68% | 20.14% |
| Income between 75K and 100K | 9.78% | 12.41% |
| Income between 100K and 150K | 7.74% | 11.27% |
| Income between 150K and 250K | 3.17% | 5.01% |
| Income between 250K and 500K | 1.23% | 1.86% |
| Income greater than 500K | 0.11% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 12.18% | 14.04% |
| Professional and Related Occupations | 22.79% | 20.61% |
| Service | 16.38% | 14.45% |
| Sales and Office | 29.72% | 26.75% |
| Farming, Fishing, and Forestry | 0.46% | 0.70% |
| Construction, Extraction, and Maintenance | 8.58% | 9.42% |
| Production, Transportation, and Material Moving | 9.88% | 14.05% |
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