Wyldwood, TX Economy


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Wyldwood, Texas is an affordable place to live with rent for a two-bedroom apartment being $1,570 and the United States average being $1,430. The local grocery cost index in Wyldwood is 93 compared to the US index of 100. There are several local companies in Wyldwood that offer goods and services such as the Wyldwood Diner, Wyldwood Grocery Store, Watson's Automotive Repair, and Lucky's Home Improvement. These businesses have been around for generations providing great service to the local area residents.

Wyldwood has an unemployment rate of 5.7%. The US average is 6.0%.

Wyldwood has seen the job market increase by 3.4% over the last year. Future job growth over the next ten years is predicted to be 47.2%, which is higher than the US average of 33.5%.

Tax Rates for Wyldwood
- The Sales Tax Rate for Wyldwood is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Wyldwood 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 Wyldwood
- The average income of a Wyldwood resident is $23,970 a year. The US average is $28,555 a year.
- The Median household income of a Wyldwood resident is $60,679 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWyldwood, TexasUnited States
  5.76
  -3.3%-6.2%
  47.2%33.5%
  6.8%6.2%
  0.0%4.6%
  $21,203$37,638
  $60,679$69,021
  $76,108$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  26.3%6.8%
  2.8%10.0%
  0.0%2.5%
  9.7%11.0%
  14.9%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  2.6%7.6%
  0.0%0.1%
  0.0%4.2%
  4.1%9.3%
  13.1%14.0%
  0.0%2.1%
  6.2%7.0%
  8.1%4.8%
  12.2%4.7%
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