Nederland, TX Economy


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Nederland, TX is a small town located in the southeastern part of Texas. It is home to a population of about 17,000 people, and its economy is mainly driven by oil and gas production. The cost of living in Nederland is considerably lower than the national average; for instance, rent for a two-bedroom apartment costs on average $1,060 compared to the US average of $1,430. Furthermore, the Grocery Cost Index in Nederland is 93 versus 100 in the US. Local businesses include C&D Automotive Repair, Hagemeyer's Bar B Que & Steak House, and Enviro Clean. These companies provide services such as automotive repair services, catering services, and janitorial services respectively.

Nederland has an unemployment rate of 11.5%. The US average is 6.0%.

Nederland has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 18.4%, which is lower than the US average of 33.5%.

Tax Rates for Nederland
- The Sales Tax Rate for Nederland is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Nederland 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 Nederland
- The average income of a Nederland resident is $30,864 a year. The US average is $28,555 a year.
- The Median household income of a Nederland resident is $74,745 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNederland, TexasUnited States
  11.56
  -6.7%-6.2%
  18.4%33.5%
  8.3%6.2%
  0.0%4.6%
  $37,610$37,638
  $74,745$69,021
  $96,310$85,028
  Population by Occupation
  0.0%1.2%
  1.8%0.5%
  13.3%6.8%
  14.1%10.0%
  2.6%2.5%
  9.6%11.0%
  4.0%4.8%
  0.7%0.8%
  0.1%1.9%
  2.3%4.7%
  1.6%1.9%
  4.5%7.6%
  0.3%0.1%
  4.9%4.2%
  10.8%9.3%
  14.6%14.0%
  0.8%2.1%
  5.1%7.0%
  4.7%4.8%
  4.1%4.7%
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