Zip 76051 (Grapevine, TX) Economy


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Grapevine, Texas located in Tarrant County is a city with a population of around 46,000. It is known for its Grapevine Vintage Railroad and the Great Wolf Lodge. The 2 bedroom rent in Grapevine is $1,900 which is higher than the US average of $1,430. As far as grocery costs go, prices in Grapevine are seen to be 3% more expensive than the US average with a grocery cost index of 103 compared to 100 nationally. There are some great local businesses in Grapevine such as Chasin' Tail BBQ, A & R Barbeque and Pizza Inn Express.

Grapevine (zip 76051) has an unemployment rate of 5.2%. The US average is 6.0%.

Grapevine (zip 76051) has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 39.4%, which is higher than the US average of 33.5%.

Tax Rates for Grapevine (zip 76051)
- The Sales Tax Rate for Grapevine (zip 76051) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Grapevine (zip 76051) 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 Grapevine (zip 76051)
- The average income of a Grapevine (zip 76051) resident is $40,575 a year. The US average is $28,555 a year.
- The Median household income of a Grapevine (zip 76051) resident is $99,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGrapevine, TexasUnited States
  5.26
  -3.9%-6.2%
  39.4%33.5%
  8.3%6.2%
  0.0%4.6%
  $51,976$37,638
  $99,000$69,021
  $124,009$85,028
  Population by Occupation
  0.2%1.2%
  0.4%0.5%
  4.6%6.8%
  8.8%10.0%
  4.4%2.5%
  10.2%11.0%
  8.5%4.8%
  0.5%0.8%
  3.3%1.9%
  9.1%4.7%
  2.0%1.9%
  10.9%7.6%
  0.3%0.1%
  3.8%4.2%
  7.4%9.3%
  9.6%14.0%
  1.7%2.1%
  7.9%7.0%
  3.4%4.8%
  3.1%4.7%
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