Zip 77005 (West University Place, TX) Economy


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77005 West University Place, TX is a great neighborhood for renters seeking affordable housing options. The average 2 Bedroom Rent in this area is $1,970, much lower than the US average of $1,430. With its close proximity to major businesses like MD Anderson Cancer Center and Hewlett Packard Enterprise, it's a great choice for those looking for employment opportunities. Additionally, its grocery cost index of 113 versus 100 in the US makes it an attractive place to live as well with food costs that are slightly higher than the national average.

West University Place (zip 77005) has an unemployment rate of 8.0%. The US average is 6.0%.

West University Place (zip 77005) 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 32.3%, which is lower than the US average of 33.5%.

Tax Rates for West University Place (zip 77005)
- The Sales Tax Rate for West University Place (zip 77005) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for West University Place (zip 77005) 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 West University Place (zip 77005)
- The average income of a West University Place (zip 77005) resident is $96,435 a year. The US average is $28,555 a year.
- The Median household income of a West University Place (zip 77005) resident is $196,233 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWest University Place, TexasUnited States
  86
  -5.6%-6.2%
  32.3%33.5%
  8.3%6.2%
  0.0%4.6%
  $106,209$37,638
  $196,233$69,021
  $250,001$85,028
  Population by Occupation
  0.2%1.2%
  5.4%0.5%
  2.6%6.8%
  4.2%10.0%
  2.2%2.5%
  4.0%11.0%
  2.9%4.8%
  1.7%0.8%
  0.8%1.9%
  9.1%4.7%
  3.8%1.9%
  19.1%7.6%
  0.7%0.1%
  2.1%4.2%
  16.8%9.3%
  16.3%14.0%
  1.6%2.1%
  2.8%7.0%
  1.9%4.8%
  1.9%4.7%
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Over 16 years ago

Great Public schools from Elementary to High  More

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