Economy in Wells Branch, Texas
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Economy
| Unemployment Rate | 6.60% | 9.10% |
| Recent Job Growth | 0.75% | -0.12% |
| Future Job Growth | 34.90% | 31.25% |
| Sales Taxes | 8.25% | 6.80% |
| Income Taxes | 0.00% | 6.25% |
| Income per Cap. | $30,608 | $27,067 |
| Household Income | $53,028 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 5.75% | 12.10% |
| Income between 15K and 25K | 7.66% | 10.18% |
| Income between 25K and 35K | 12.95% | 10.56% |
| Income between 35K and 50K | 20.99% | 14.98% |
| Income between 50K and 75K | 22.36% | 19.53% |
| Income between 75K and 100K | 12.96% | 12.52% |
| Income between 100K and 150K | 12.80% | 12.14% |
| Income between 150K and 250K | 3.62% | 3.91% |
| Income between 250K and 500K | 0.91% | 3.34% |
| Income greater than 500K | 0.02% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 19.89% | 13.81% |
| Professional and Related Occupations | 31.24% | 22.68% |
| Service | 8.84% | 14.51% |
| Sales and Office | 29.33% | 25.22% |
| Farming, Fishing, and Forestry | 0.00% | 0.68% |
| Construction, Extraction, and Maintenance | 6.15% | 9.37% |
| Production, Transportation, and Material Moving | 8.01% | 15.86% |
The unemployment rate in Wells Branch, TX, is 6.60%, with job growth of 0.75%. Future job growth over the next ten years is predicted to be 34.90%.
Wells Branch, TX Taxes
Wells Branch, TX,sales tax rate is 8.25%. Income tax is 0.00%.
Wells Branch, TX Income and Salaries
The income per capita is $30,608, which includes all adults and children. The median household income is $53,028.
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