Texas 

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Economy in Texas

Texas has an unemployment rate of 3.9%. The US average is 3.9%.

Texas has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 37.0%, which is higher than the US average of 33.5%.

Tax Rates for Texas
- The Sales Tax Rate for Texas is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Texas 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 Texas
- The average income of a Texas resident is $26,513 a year. The US average is $28,555 a year.
- The Median household income of a Texas resident is $52,576 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYTexas, TexasUnited States
  3.9%3.9%
  2.6%1.6%
  37.0%33.5%
  8.0%7.3%
  0.0%4.6%
  $28,985$31,177
  $57,051$57,652
  $67,344$70,850
  POPULATION BY OCCUPATION
  0.9%1.3%
  2.4%0.6%
  7.8%6.2%
  9.1%10.4%
  3.0%2.7%
  11.6%11.6%
  4.5%4.1%
  0.9%0.9%
  1.8%2.1%
  4.6%4.7%
  1.9%1.9%
  6.4%6.7%
  0.1%0.1%
  4.6%4.3%
  9.7%9.3%
  12.0%13.8%
  1.5%2.2%
  7.4%7.4%
  5.3%4.9%
  4.3%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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    Reviews for Texas    135 Reviews
    Texas is rapidly changing - 3/28/2017
    There are numerous positives about TX. They include a strong work effort, basic honesty of its citizens, & no state income tax. Unfortunately major metro areas of DFW,... Read More

    Start Your Review of Texas


    Texas is not a great place to live. - 8/17/2016
    You are sad, young girl from Austin, Texas. I was born, and raised, in New Jersey, and I wouldn't trade my youth spent growing up in the Garden State for anything. I... Read More

    Texas - 3/6/2016
    Moving... Read More


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    COMPARE COST OF LIVING
    Compare Texas to any other place in the USA.

    MAPS OF TEXAS
    Texas
    ZIP CODES IN TEXAS
    77449, 79936, 77494, 77084, 75034, 75052, 75070, 78521, 77479, 77584, ... 1935 more

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