Killeen, TX Economy


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Killeen, TX is an attractive city for many reasons. It offers a low cost of living, with 2 bedroom rent averaging about $990, less than the US average of $1,430. The Grocery Cost Index in Killeen is also lower than the national average at 91 compared to 100. There are many local companies in Killeen such as Metroplex Health System, Seton Medical Center Harker Heights and CoreLogic. Popular attractions in Killeen include Lions Club Park, Mayborn Science Theater and Fort Hood National Bank Stadium. With its lower costs and abundance of local businesses and entertainment venues, Killeen has something to offer everyone.

Killeen has an unemployment rate of 8.7%. The US average is 6.0%.

Killeen has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 35.6%, which is higher than the US average of 33.5%.

Tax Rates for Killeen
- The Sales Tax Rate for Killeen is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Killeen 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 Killeen
- The average income of a Killeen resident is $24,941 a year. The US average is $37,638 a year.
- The Median household income of a Killeen resident is $52,072 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKilleen, TexasUnited States
  8.76
  -2.8%-6.2%
  35.6%33.5%
  8.3%6.2%
  0.0%4.6%
  $24,941$37,638
  $52,072$69,021
  $57,452$85,028
  Population by Occupation
  0.1%1.2%
  0.6%0.5%
  7.6%6.8%
  3.5%10.0%
  1.0%2.5%
  11.0%11.0%
  5.4%4.8%
  0.3%0.8%
  1.6%1.9%
  2.2%4.7%
  2.1%1.9%
  4.0%7.6%
  0.1%0.1%
  8.5%4.2%
  9.7%9.3%
  13.9%14.0%
  1.6%2.1%
  9.9%7.0%
  5.2%4.8%
  11.7%4.7%
Reviews for Killeen
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Over 5 years ago

Having a low cost of living does not mean MOVE HERE! It should be a warning sign for what is wrong with this place. Bestplaces.net has Temple included with this  More

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Our family moved here from Ft Worth looking for a smaller city, slower pace, and friendlier people. Plus we wanted to be near to an active military base that serviced  More

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I've lived in Killeen since 1998 when I was assigned here in the Army and loved it so much me and my wife decided to retire here from the Army in 2001. My wife likes the  More

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