The Woodlands, TX is a rapidly growing city located in the Houston metropolitan area. It offers a high quality of life with plenty of outdoor activities, vibrant nightlife, good education opportunities and more. Major employers in the area include Anadarko Petroleum Corporation, Chevron Phillips Chemical Company, Huntsman Corporation and Baker Hughes. These companies provide employment for many local residents. Additionally, living costs such as rent and grocery costs are slightly higher in The Woodlands compared to US averages but are still economical for most families. With its excellent public transportation system, safe neighborhoods, access to top-notch medical facilities and beautiful parks and trails, The Woodlands is an attractive place to live for both young professionals and families alike.
The Woodlands has an unemployment rate of 7.4%. The US average is 6.0%.
The Woodlands has seen the job market increase by 3.2% over the last year. Future job growth over the next ten years is predicted to be 37.9%, which is higher than the US average of 33.5%.
Tax Rates for The Woodlands
- The Sales Tax Rate for The Woodlands is 8.2%. The US average is 7.3%.
- The Income Tax Rate for The Woodlands 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 The Woodlands
- The average income of a The Woodlands resident is $51,865 a year. The US average is $28,555 a year.
- The Median household income of a The Woodlands resident is $130,011 a year. The US average is $69,021 a year.