Economy in Lubbock, Texas
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Economy
| Unemployment Rate | 5.80% | 9.10% |
| Recent Job Growth | -0.54% | -0.12% |
| Future Job Growth | 33.12% | 31.25% |
| Sales Taxes | 8.25% | 6.80% |
| Income Taxes | 0.00% | 6.25% |
| Income per Cap. | $22,833 | $27,067 |
| Household Income | $41,336 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 17.62% | 12.10% |
| Income between 15K and 25K | 13.41% | 10.18% |
| Income between 25K and 35K | 12.30% | 10.56% |
| Income between 35K and 50K | 15.58% | 14.98% |
| Income between 50K and 75K | 17.72% | 19.53% |
| Income between 75K and 100K | 10.13% | 12.52% |
| Income between 100K and 150K | 8.13% | 12.14% |
| Income between 150K and 250K | 2.41% | 3.91% |
| Income between 250K and 500K | 2.16% | 3.34% |
| Income greater than 500K | 0.54% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 11.49% | 13.81% |
| Professional and Related Occupations | 23.53% | 22.68% |
| Service | 15.63% | 14.51% |
| Sales and Office | 28.13% | 25.22% |
| Farming, Fishing, and Forestry | 0.52% | 0.68% |
| Construction, Extraction, and Maintenance | 6.94% | 9.37% |
| Production, Transportation, and Material Moving | 12.75% | 15.86% |
The unemployment rate in Lubbock, TX, is 5.80%, with job growth of -0.54%. Future job growth over the next ten years is predicted to be 33.12%.
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 $22,833, which includes all adults and children. The median household income is $41,336.
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
