Economy in Irving, Texas

Irving’s economy revolves around manufacturing and IT services along with healthcare due to a large number of companies located within the area thus providing plenty of employment opportunities; moreover initiatives made towards investing in higher education plus subsidies given by local governments towards investing in research and development have served as extra incentives towards driving sustained economic growth over time.

Irving has an unemployment rate of 6.6%. The US average is 6.0%.

Irving has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 44.1%, which is higher than the US average of 33.5%.

Tax Rates for Irving
- The Sales Tax Rate for Irving is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Irving 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 Irving
- The average income of a Irving resident is $26,959 a year. The US average is $28,555 a year.
- The Median household income of a Irving resident is $50,942 a year. The US average is $53,482 a year.