Zip 77447 (Hockley, TX) Economy


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Hockley, TX (zip code 77447) is a great place to live with plenty of local companies and amenities. It boasts an average 2 bedroom rent of $1,520, which is slightly more than the US average of $1,430. In addition, grocery costs are very reasonable in Hockley; the Grocery Cost Index here is 98 compared to the 100 it is in the US. There are several large employers in Hockley such as Tyson Foods, which provides employment opportunities for many people in the area. Other amenities include restaurants like Tomas Mexican Restaurant and stores like Walmart and Kroger. With its affordable prices and abundance of local businesses, Hockley has something for everyone!

Hockley (zip 77447) has an unemployment rate of 8.0%. The US average is 6.0%.

Hockley (zip 77447) 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 30.9%, which is lower than the US average of 33.5%.

Tax Rates for Hockley (zip 77447)
- The Sales Tax Rate for Hockley (zip 77447) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Hockley (zip 77447) 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 Hockley (zip 77447)
- The average income of a Hockley (zip 77447) resident is $24,028 a year. The US average is $28,555 a year.
- The Median household income of a Hockley (zip 77447) resident is $82,352 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHockley, TexasUnited States
  86
  -5.6%-6.2%
  30.9%33.5%
  6.3%6.2%
  0.0%4.6%
  $35,251$37,638
  $82,352$69,021
  $97,176$85,028
  Population by Occupation
  0.8%1.2%
  2.1%0.5%
  12.2%6.8%
  14.2%10.0%
  3.3%2.5%
  15.3%11.0%
  4.7%4.8%
  0.9%0.8%
  3.6%1.9%
  2.2%4.7%
  1.5%1.9%
  5.9%7.6%
  0.1%0.1%
  3.8%4.2%
  8.9%9.3%
  7.8%14.0%
  0.1%2.1%
  7.0%7.0%
  3.0%4.8%
  2.5%4.7%
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