Houston-The Woodlands-Sugar Land Metro Area, TX Economy


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United States / Texas / Houston-The Woodlands-Sugar Land Metro Area / Counties / Cities / Zip Codes
The Houston-The Woodlands-Sugar Land, TX Metro Area is an exciting place to live. The cost of living is relatively low with the average two bedroom rent being $1,300 compared to the US average of $1,430. Grocery costs are also lower than the national average. This area is home to several major companies including Halliburton, ExxonMobil, and Southwest Airlines. There are a variety of activities to do in the area ranging from visiting attractions like NASA's Johnson Space Center or taking a stroll through Houston's Museum District. Other popular activities include shopping at the famous Galleria mall or catching an Astros baseball game at Minute Maid Park.

Houston-The Woodlands-Sugar Land Metro Area has an unemployment rate of 8.0%. The US average is 6.0%.

Houston-The Woodlands-Sugar Land Metro Area 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 33.6%, which is higher than the US average of 33.5%.

Tax Rates for Houston-The Woodlands-Sugar Land Metro Area
- The Sales Tax Rate for Houston-The Woodlands-Sugar Land Metro Area is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Houston-The Woodlands-Sugar Land Metro Area 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 Houston-The Woodlands-Sugar Land Metro Area
- The average income of a Houston-The Woodlands-Sugar Land Metro Area resident is $29,594 a year. The US average is $28,555 a year.
- The Median household income of a Houston-The Woodlands-Sugar Land Metro Area resident is $72,551 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHouston-The Woodlands-Sugar Land, TexasUnited States
  86
  -5.6%-6.2%
  33.6%33.5%
  8.3%6.2%
  0.0%4.6%
  $36,821$37,638
  $72,551$69,021
  $86,054$85,028
  Population by Occupation
  0.3%1.2%
  3.0%0.5%
  9.8%6.8%
  9.5%10.0%
  3.1%2.5%
  10.5%11.0%
  5.5%4.8%
  1.0%0.8%
  1.3%1.9%
  4.0%4.7%
  2.1%1.9%
  7.8%7.6%
  0.3%0.1%
  4.6%4.2%
  9.2%9.3%
  11.4%14.0%
  1.4%2.1%
  7.0%7.0%
  5.1%4.8%
  3.0%4.7%
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