Victoria, TX Economy


Reviews



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Victoria, TX is a great place to live. It has all the amenities of a larger city but with a small-town feel. Victoria is known for its affordable housing with two bedroom apartments renting for an average of $1,200 compared to the national average of $1,430. Additionally, grocery prices in Victoria are also favorable as the Grocery Cost Index is 5% lower than the US average.
Victoria boasts some great local businesses as well such as The Barn Door Steakhouse which serves up succulent steaks and other delicious dishes, and LoneStar Outfitters who provide quality outdoor gear for outdoor enthusiasts. With its combination of affordability and great local companies, it's easy to see why Victoria is such an attractive place to live.

Victoria has an unemployment rate of 7.9%. The US average is 6.0%.

Victoria has seen the job market decrease by -7.8% over the last year. Future job growth over the next ten years is predicted to be 10.4%, which is lower than the US average of 33.5%.

Tax Rates for Victoria
- The Sales Tax Rate for Victoria is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Victoria 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 Victoria
- The average income of a Victoria resident is $28,918 a year. The US average is $37,638 a year.
- The Median household income of a Victoria resident is $59,010 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVictoria, TexasUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Victoria
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I’ve been living here since 2016 after living in two metropolitan cities. Let’s start with good: Good is there is a variety of elementary schools for such a medium sized  More

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Over 4 years ago

These reviews are very old so here's an update. I had my pick in south Texas to live and found this small city. My wife and I love it. It's in the middle of major  More

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Over 13 years ago

Used to live in Victoria but raising a family there was terrible. We were secluded in our development but when the kids got out into public schools even at the low  More

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