Tyler, TX Economy


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Tyler, TX is a great place to live. With an average two bedroom rent price of $1,170, it is much lower than the US average at $1,430. The Grocery Cost Index in Tyler is 93 versus 100 in the US, making it more affordable for groceries as well. There are many local companies and amenities such as Brookshires Supermarket, Walmart, Home Depot, Texas Roadhouse and La Michoacana Meat Market to name a few. Tyler also offers abundant outdoor activities such as hiking trails at Tyler State Park and Lake Tyler with camping sites for visitors. Other attractions include the Discovery Science Place museum and the Cotton Belt Railway Museum. Overall, Tyler offers residents a great quality of life for a reasonable price.

Tyler has an unemployment rate of 6.3%. The US average is 6.0%.

Tyler has seen the job market increase by 3.2% over the last year. Future job growth over the next ten years is predicted to be 36.4%, which is higher than the US average of 33.5%.

Tax Rates for Tyler
- The Sales Tax Rate for Tyler is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Tyler 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 Tyler
- The average income of a Tyler resident is $26,132 a year. The US average is $28,555 a year.
- The Median household income of a Tyler resident is $58,385 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTyler, TexasUnited States
  6.36
  -3.3%-6.2%
  36.4%33.5%
  6.8%6.2%
  0.0%4.6%
  $31,406$37,638
  $58,385$69,021
  $72,061$85,028
  Population by Occupation
  0.3%1.2%
  2.0%0.5%
  6.3%6.8%
  7.8%10.0%
  1.8%2.5%
  13.2%11.0%
  3.6%4.8%
  0.3%0.8%
  1.7%1.9%
  3.2%4.7%
  1.5%1.9%
  5.2%7.6%
  0.1%0.1%
  4.1%4.2%
  9.3%9.3%
  20.9%14.0%
  1.4%2.1%
  8.2%7.0%
  5.5%4.8%
  3.8%4.7%
Reviews for Tyler
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My husband and I moved to a cabin in the woods just outside Tyler in 2007, so we've been here almost 15 years. Pros that other reviewers haven't mentioned: 1. very  More

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Over 3 years ago

Great place to live if you have your crap together. Lots of professionals and families. Great parks, weather, restaurants, churches, and schools. If you like big  More

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I've lived in the city for 5 years (until 2007). In my opinion, Tyler is awfully boring unless you are an outdoor person. Tyler offers few cultural possibilities, and it  More

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