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Economy in Midland, Texas

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyMidland, TXUnited States
Unemployment Rate4.50%9.10%
Recent Job Growth3.29%-0.12%
Future Job Growth42.08%31.25%
Sales Taxes8.25%6.80%
Income Taxes0.00%6.25%
Income per Cap.$29,242$27,067
Household Income$54,315$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K10.88%12.10%
Income between 15K and 25K10.78%10.18%
Income between 25K and 35K10.52%10.56%
Income between 35K and 50K14.67%14.98%
Income between 50K and 75K17.76%19.53%
Income between 75K and 100K12.62%12.52%
Income between 100K and 150K12.30%12.14%
Income between 150K and 250K5.31%3.91%
Income between 250K and 500K4.32%3.34%
Income greater than 500K0.85%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations12.30%13.81%
Professional and Related Occupations19.44%22.68%
Service12.22%14.51%
Sales and Office23.96%25.22%
Farming, Fishing, and Forestry0.11%0.68%
Construction, Extraction, and Maintenance13.40%9.37%
Production, Transportation, and Material Moving13.32%15.86%
Median Household Income

The unemployment rate in Midland, TX, is 4.50%, with job growth of 3.29%. Future job growth over the next ten years is predicted to be 42.08%.

Midland, TX Taxes

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

Midland, TX Income and Salaries

The income per capita is $29,242, which includes all adults and children. The median household income is $54,315.


Midland Economy SperlingViews

Midland, TX: Can't wait to... (read more)Weather: The weather is nice all year round. We do get warm in the summer and can be cold in the... (read more)Separate the land from the people, people: All comments about the cliquish people are somewhat true. I grew up in Midland so was lucky enough to be on the inside, but can appreciate the pain of outsiders -... (read more)Have an opinion about Midland? Leave a commentTo See All SperlingViews for Midland Click Here