The city of Galveston, TX 77551 is a beautiful beach town located on the Gulf Coast. The 2 bedroom rent in this area averages at $1,320 per month, which is slightly lower than the national average of $1,430 per month. Furthermore, the Grocery Cost Index for Galveston is 97 compared to 100 in the US. This indicates that groceries tend to be more affordable here than elsewhere in the country.
Galveston has many local companies such as Moody Gardens, Tanger Outlets and Miller Outdoor Theatre offering a variety of services and entertainment to its residents. With it’s more affordable cost of living than most other areas in America combined with its plethora of local businesses and attractions, Galveston offers an unmatched quality of life for those who live there.
Galveston (zip 77551) has an unemployment rate of 8.4%. The US average is 6.0%.
Galveston (zip 77551) has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 31.0%, which is lower than the US average of 33.5%.
Tax Rates for Galveston (zip 77551)
- The Sales Tax Rate for Galveston (zip 77551) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Galveston (zip 77551) 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 Galveston (zip 77551)
- The average income of a Galveston (zip 77551) resident is $31,898 a year. The US average is $37,638 a year.
- The Median household income of a Galveston (zip 77551) resident is $54,375 a year. The US average is $69,021 a year.