Zip 77703 (Beaumont, TX) Economy


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Beaumont, Texas is a vibrant city located in the 77703 zip code. It is home to many large companies such as ExxonMobil, Total Petrochemicals, and Neches Federal Credit Union. In addition to these major employers, there are also smaller businesses throughout the area offering residents a variety of jobs. The cost of living in Beaumont is quite low compared to the national average; with 2 bedroom rent at $920 per month and grocery cost index at 89 versus 100 nationally, it offers an affordable lifestyle for its residents.
Living in Beaumont has many advantages for residents whether they are students or professionals. It is conveniently located near Houston making it easy to access amenities such as modern shopping centers, restaurants, and entertainment venues while still maintaining a small town feel. The abundance of outdoor recreation spaces offer plenty of options for those looking to enjoy the great outdoors while taking part in activities like camping, fishing, and hiking. Furthermore, the locals are welcoming and friendly which helps create a sense of community among residents.

Beaumont (zip 77703) has an unemployment rate of 10.1%. The US average is 6.0%.

Beaumont (zip 77703) 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 19.6%, which is lower than the US average of 33.5%.

Tax Rates for Beaumont (zip 77703)
- The Sales Tax Rate for Beaumont (zip 77703) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Beaumont (zip 77703) 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 Beaumont (zip 77703)
- The average income of a Beaumont (zip 77703) resident is $14,098 a year. The US average is $28,555 a year.
- The Median household income of a Beaumont (zip 77703) resident is $28,202 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBeaumont, TexasUnited States
  10.16
  -6.7%-6.2%
  19.6%33.5%
  8.3%6.2%
  0.0%4.6%
  $14,544$37,638
  $28,202$69,021
  $31,922$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  14.7%6.8%
  12.2%10.0%
  1.5%2.5%
  15.0%11.0%
  2.5%4.8%
  2.4%0.8%
  0.0%1.9%
  1.9%4.7%
  2.0%1.9%
  2.6%7.6%
  0.5%0.1%
  7.9%4.2%
  9.8%9.3%
  13.7%14.0%
  0.4%2.1%
  5.1%7.0%
  4.4%4.8%
  3.5%4.7%
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