Economy in Somerville, Texas
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Economy
| Unemployment Rate | 7.00% | 9.10% |
| Recent Job Growth | 1.74% | -0.12% |
| Future Job Growth | 36.48% | 31.25% |
| Sales Taxes | 8.25% | 6.80% |
| Income Taxes | 0.00% | 6.25% |
| Income per Cap. | $16,717 | $27,067 |
| Household Income | $31,859 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 25.41% | 12.10% |
| Income between 15K and 25K | 14.59% | 10.18% |
| Income between 25K and 35K | 14.29% | 10.56% |
| Income between 35K and 50K | 13.68% | 14.98% |
| Income between 50K and 75K | 17.59% | 19.53% |
| Income between 75K and 100K | 8.72% | 12.52% |
| Income between 100K and 150K | 3.01% | 12.14% |
| Income between 150K and 250K | 1.20% | 3.91% |
| Income between 250K and 500K | 1.20% | 3.34% |
| Income greater than 500K | 0.30% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 6.33% | 13.81% |
| Professional and Related Occupations | 18.98% | 22.68% |
| Service | 20.08% | 14.51% |
| Sales and Office | 18.57% | 25.22% |
| Farming, Fishing, and Forestry | 0.28% | 0.68% |
| Construction, Extraction, and Maintenance | 12.79% | 9.37% |
| Production, Transportation, and Material Moving | 22.15% | 15.86% |
The unemployment rate in Somerville, TX, is 7.00%, with job growth of 1.74%. Future job growth over the next ten years is predicted to be 36.48%.
Somerville, TX Taxes
Somerville, TX,sales tax rate is 8.25%. Income tax is 0.00%.
Somerville, TX Income and Salaries
The income per capita is $16,717, which includes all adults and children. The median household income is $31,859.
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