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Economy in Vernon, Texas

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyVernon, TXUnited States
Unemployment Rate5.80%9.10%
Recent Job Growth-2.08%-0.12%
Future Job Growth30.04%31.25%
Sales Taxes8.25%6.80%
Income Taxes0.00%6.25%
Income per Cap.$19,088$27,067
Household Income$34,330$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K18.34%12.10%
Income between 15K and 25K17.33%10.18%
Income between 25K and 35K15.50%10.56%
Income between 35K and 50K16.24%14.98%
Income between 50K and 75K17.62%19.53%
Income between 75K and 100K6.69%12.52%
Income between 100K and 150K5.08%12.14%
Income between 150K and 250K1.45%3.91%
Income between 250K and 500K1.49%3.34%
Income greater than 500K0.27%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations9.35%13.81%
Professional and Related Occupations22.45%22.68%
Service19.22%14.51%
Sales and Office20.79%25.22%
Farming, Fishing, and Forestry0.64%0.68%
Construction, Extraction, and Maintenance8.12%9.37%
Production, Transportation, and Material Moving19.53%15.86%
Median Household Income

The unemployment rate in Vernon, TX, is 5.80%, with job growth of -2.08%. Future job growth over the next ten years is predicted to be 30.04%.

Vernon, TX Taxes

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

Vernon, TX Income and Salaries

The income per capita is $19,088, which includes all adults and children. The median household income is $34,330.


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