Katy, TX Economy


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Katy, Texas is a vibrant city located just outside of Houston. It is home to many local businesses and attractions. Located in the heart of the Houston metropolitan area, Katy offers housing options for all types of budgets, such as 2 Bedroom Rent which averages around $1,790 per month. In terms of grocery costs, the Katy area index is 99 versus 100 in the US on average. Notable companies in Katy include the energy giant ExxonMobil, Academy Sports and Outdoors, and Igloo Products Corporation. Attractions in Katy include Mary Jo Peckham Park with its scenic trails and beautiful gardens, Typhoon Texas Waterpark for a fun-filled day outdoors with family and friends, and The Old Time Christmas Light Spectacular at No Label Brewing for holiday cheer.

Katy has an unemployment rate of 8.0%. The US average is 6.0%.

Katy has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 32.3%, which is lower than the US average of 33.5%.

Tax Rates for Katy
- The Sales Tax Rate for Katy is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Katy 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 Katy
- The average income of a Katy resident is $44,090 a year. The US average is $37,638 a year.
- The Median household income of a Katy resident is $115,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKaty, TexasUnited States
  86
  -5.6%-6.2%
  32.3%33.5%
  8.3%6.2%
  0.0%4.6%
  $44,090$37,638
  $115,250$69,021
  $128,381$85,028
  Population by Occupation
  0.7%1.2%
  3.2%0.5%
  8.5%6.8%
  9.8%10.0%
  2.5%2.5%
  10.5%11.0%
  4.2%4.8%
  1.2%0.8%
  2.1%1.9%
  4.4%4.7%
  2.4%1.9%
  8.7%7.6%
  1.5%0.1%
  3.7%4.2%
  11.7%9.3%
  11.0%14.0%
  1.0%2.1%
  6.1%7.0%
  2.8%4.8%
  4.0%4.7%
Reviews for Katy
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Katy is so nice. It is spread out in the typical Houston way, but I really enjoyed all of the Asian restaurants, shopping, and churches. Great place to raise a family.  More

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Over 3 years ago

Lived here my entire life, Great  More

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My kids has been it this school since it opened. It was great at first until they kept changing hands in principle. They had great plans but never get carried out. The  More

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