Hays, TX Economy


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Hays, TX is a small city in Texas with an active community and lots of local businesses. It has a slightly higher cost of living than the national average, but still remains relatively affordable with a two bedroom rent costing $1,660. Local grocery costs are also slightly higher than the US average, coming in at 94 compared to the national index of 100. There are many great companies located in Hays such as BroadVision, H-E-B Grocery Co., and National American University which all contribute to the city's vibrant economy. There is also an active cultural scene with many events and activities throughout the year including concerts, festivals, and exhibitions. The people of Hays are friendly and welcoming which makes it a great place to live or visit.

Hays has an unemployment rate of 5.3%. The US average is 6.0%.

Hays has seen the job market increase by 3.5% over the last year. Future job growth over the next ten years is predicted to be 53.4%, which is higher than the US average of 33.5%.

Tax Rates for Hays
- The Sales Tax Rate for Hays is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Hays is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Hays
- The average income of a Hays resident is $32,102 a year. The US average is $28,555 a year.
- The Median household income of a Hays resident is $55,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHays, TexasUnited States
  5.36
  -3.3%-6.2%
  53.4%33.5%
  7.3%6.2%
  0.0%4.6%
  $35,380$37,638
  $55,000$69,021
  $86,250$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  14.3%6.8%
  2.0%10.0%
  4.1%2.5%
  16.3%11.0%
  0.0%4.8%
  0.0%0.8%
  8.2%1.9%
  2.0%4.7%
  0.0%1.9%
  2.0%7.6%
  0.0%0.1%
  4.1%4.2%
  10.2%9.3%
  2.0%14.0%
  0.0%2.1%
  10.2%7.0%
  4.1%4.8%
  20.4%4.7%
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