Economy in Southmayd, Texas
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Economy
| Unemployment Rate | 8.40% | 9.10% |
| Recent Job Growth | 1.42% | -0.12% |
| Future Job Growth | 34.44% | 31.25% |
| Sales Taxes | 7.50% | 6.80% |
| Income Taxes | 0.00% | 6.25% |
| Income per Cap. | $27,071 | $27,067 |
| Household Income | $62,257 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 6.61% | 12.10% |
| Income between 15K and 25K | 7.16% | 10.18% |
| Income between 25K and 35K | 6.06% | 10.56% |
| Income between 35K and 50K | 16.80% | 14.98% |
| Income between 50K and 75K | 27.82% | 19.53% |
| Income between 75K and 100K | 15.15% | 12.52% |
| Income between 100K and 150K | 14.32% | 12.14% |
| Income between 150K and 250K | 3.31% | 3.91% |
| Income between 250K and 500K | 2.20% | 3.34% |
| Income greater than 500K | 0.55% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 8.37% | 13.81% |
| Professional and Related Occupations | 18.82% | 22.68% |
| Service | 10.46% | 14.51% |
| Sales and Office | 28.52% | 25.22% |
| Farming, Fishing, and Forestry | 0.00% | 0.68% |
| Construction, Extraction, and Maintenance | 13.88% | 9.37% |
| Production, Transportation, and Material Moving | 26.05% | 15.86% |
The unemployment rate in Southmayd, TX, is 8.40%, with job growth of 1.42%. Future job growth over the next ten years is predicted to be 34.44%.
Southmayd, TX Taxes
Southmayd, TX,sales tax rate is 7.50%. Income tax is 0.00%.
Southmayd, TX Income and Salaries
The income per capita is $27,071, which includes all adults and children. The median household income is $62,257.
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