Economy in Timberwood Park, Texas
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Economy
| Unemployment Rate | 7.40% | 9.10% |
| Recent Job Growth | 1.24% | -0.12% |
| Future Job Growth | 35.08% | 31.25% |
| Sales Taxes | 8.13% | 6.80% |
| Income Taxes | 0.00% | 6.25% |
| Income per Cap. | $43,601 | $27,067 |
| Household Income | $98,984 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 3.84% | 12.10% |
| Income between 15K and 25K | 5.91% | 10.18% |
| Income between 25K and 35K | 7.20% | 10.56% |
| Income between 35K and 50K | 6.97% | 14.98% |
| Income between 50K and 75K | 12.86% | 19.53% |
| Income between 75K and 100K | 13.62% | 12.52% |
| Income between 100K and 150K | 24.15% | 12.14% |
| Income between 150K and 250K | 8.68% | 3.91% |
| Income between 250K and 500K | 13.43% | 3.34% |
| Income greater than 500K | 3.34% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 30.55% | 13.81% |
| Professional and Related Occupations | 18.37% | 22.68% |
| Service | 7.57% | 14.51% |
| Sales and Office | 26.95% | 25.22% |
| Farming, Fishing, and Forestry | 0.06% | 0.68% |
| Construction, Extraction, and Maintenance | 12.52% | 9.37% |
| Production, Transportation, and Material Moving | 9.00% | 15.86% |
The unemployment rate in Timberwood Park, TX, is 7.40%, with job growth of 1.24%. Future job growth over the next ten years is predicted to be 35.08%.
Timberwood Park, TX Taxes
Timberwood Park, TX,sales tax rate is 8.13%. Income tax is 0.00%.
Timberwood Park, TX Income and Salaries
The income per capita is $43,601, which includes all adults and children. The median household income is $98,984.
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