Economy in Wylie, Texas

Wylie, TX is a wonderful small town located in Collin County. It offers plenty of opportunities for both working and living with an array of local companies such as Wylie Animal Hospital, Spivey Wylie Architects Inc, and Aloha Pools & Spas. The cost of living is slightly higher than the US average; however, the rent for two bedroom apartments is only $2,070 which is about 46 percent higher than the national average of $1,430. The Grocery Cost Index is also higher than the US at 101 versus 100. All in all, Wylie is a great choice for those looking for a city to call home that provides ample job opportunities as well as an affordable cost of living.

Wylie has an unemployment rate of 5.4%. The US average is 6.0%.

Wylie 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 47.3%, which is higher than the US average of 33.5%.

Tax Rates for Wylie
- The Sales Tax Rate for Wylie is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Wylie 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 Wylie
- The average income of a Wylie resident is $28,869 a year. The US average is $28,555 a year.
- The Median household income of a Wylie resident is $98,994 a year. The US average is $69,021 a year.