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 decrease by -5.6% 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 $36,821 a year. The US average is $37,638 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.