Zip 77554 (Galveston, TX) Economy


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The median 2 bedroom rent in 77554 Galveston, TX is $1,370 which is slightly cheaper than the US average of $1,430. The grocery cost index in 77554 Galveston, TX is 103 versus 100 in the US which indicates that groceries are slightly more expensive in this area than they are on average across the country. Local companies in 77554 Galveston, TX include restaurant chains like Bubba Gump Shrimp Co., Hooters, and Landry's Seafood House; popular retailers like H-E-B Grocery Store and Ross Dress for Less; and local businesses such as Stacee’s Hair Studio and La King’s Confectionery.

Galveston (zip 77554) has an unemployment rate of 8.4%. The US average is 6.0%.

Galveston (zip 77554) 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 77554)
- The Sales Tax Rate for Galveston (zip 77554) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Galveston (zip 77554) 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 77554)
- The average income of a Galveston (zip 77554) resident is $54,167 a year. The US average is $37,638 a year.
- The Median household income of a Galveston (zip 77554) resident is $81,058 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGalveston, TexasUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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