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Economy in New Territory, Texas

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyNew Territory, TXUnited States
Unemployment Rate7.80%9.10%
Recent Job Growth1.29%-0.12%
Future Job Growth34.78%31.25%
Sales Taxes8.25%6.80%
Income Taxes0.00%6.25%
Income per Cap.$40,435$27,067
Household Income$129,593$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K1.39%12.10%
Income between 15K and 25K1.11%10.18%
Income between 25K and 35K1.57%10.56%
Income between 35K and 50K5.31%14.98%
Income between 50K and 75K7.16%19.53%
Income between 75K and 100K14.27%12.52%
Income between 100K and 150K31.78%12.14%
Income between 150K and 250K19.42%3.91%
Income between 250K and 500K15.36%3.34%
Income greater than 500K2.62%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations24.63%13.81%
Professional and Related Occupations37.92%22.68%
Service7.92%14.51%
Sales and Office23.72%25.22%
Farming, Fishing, and Forestry0.30%0.68%
Construction, Extraction, and Maintenance1.94%9.37%
Production, Transportation, and Material Moving4.70%15.86%
Median Household Income

The unemployment rate in New Territory, TX, is 7.80%, with job growth of 1.29%. Future job growth over the next ten years is predicted to be 34.78%.

New Territory, TX Taxes

New Territory, TX,sales tax rate is 8.25%. Income tax is 0.00%.

New Territory, TX Income and Salaries

The income per capita is $40,435, which includes all adults and children. The median household income is $129,593.


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