Houston, TX is an excellent place to live for those looking for a mix of city life and suburban comforts. The 2 bedroom rent in Houston is $1,280, which is about $150 less than the US average. Additionally, the Grocery Cost index in Houston (97) is lower than the national average (100). This makes it more affordable to purchase groceries in Houston than many other places.
Houston's 77040 zip code has many excellent companies located within it. These include industry-leading companies such as BP America, Medistar Corporation, and AppleOne Employment Services. Additionally, smaller local businesses such as Bellaire Cafe & Grill and Bamboo Asia are also based in 77040. With so many different businesses located here, residents of 77040 have plenty of options for work and leisure activities.
Houston (zip 77040) has an unemployment rate of 8.0%. The US average is 6.0%.
Houston (zip 77040) 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 Houston (zip 77040)
- The Sales Tax Rate for Houston (zip 77040) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Houston (zip 77040) 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 (zip 77040)
- The average income of a Houston (zip 77040) resident is $27,576 a year. The US average is $28,555 a year.
- The Median household income of a Houston (zip 77040) resident is $61,528 a year. The US average is $69,021 a year.