Zip 77640 (Port Arthur, TX) Economy


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Port Arthur, Texas (77640) is an attractive city for potential renters looking for a great deal. The average two-bedroom rental in Port Arthur comes in at $1,070 per month which is significantly lower than the US average of $1,430. Additionally, food costs in Port Arthur are substantially lower than the US average with a Grocery Cost Index of 88 versus 100 in the US.
The city has a variety of great local businesses and restaurants to enjoy. Some popular spots include Tamara's Seafood Restaurant, offering traditional seafood favorites with some unique twists; King Pins Bowling Alley for family entertainment; and David's Custom Tuxedos for special occasions. In the spirit of keeping costs down during the move to Port Arthur, many thrift stores such as Bargain Land Plus offer an array of quality items at discounted prices.

Port Arthur (zip 77640) has an unemployment rate of 16.1%. The US average is 6.0%.

Port Arthur (zip 77640) has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 14.2%, which is lower than the US average of 33.5%.

Tax Rates for Port Arthur (zip 77640)
- The Sales Tax Rate for Port Arthur (zip 77640) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Port Arthur (zip 77640) 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 Port Arthur (zip 77640)
- The average income of a Port Arthur (zip 77640) resident is $18,794 a year. The US average is $28,555 a year.
- The Median household income of a Port Arthur (zip 77640) resident is $45,341 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPort Arthur, TexasUnited States
  16.16
  -6.7%-6.2%
  14.2%33.5%
  8.3%6.2%
  0.0%4.6%
  $24,627$37,638
  $45,341$69,021
  $50,980$85,028
  Population by Occupation
  0.7%1.2%
  0.3%0.5%
  19.7%6.8%
  8.7%10.0%
  1.1%2.5%
  10.1%11.0%
  7.0%4.8%
  1.4%0.8%
  0.1%1.9%
  2.3%4.7%
  0.5%1.9%
  3.3%7.6%
  0.5%0.1%
  4.0%4.2%
  7.4%9.3%
  16.1%14.0%
  1.5%2.1%
  7.0%7.0%
  2.2%4.8%
  6.3%4.7%
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