Zip 75051 (Grand Prairie, TX) Economy


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Grand Prairie, TX is an excellent city for anyone looking to rent a two-bedroom apartment. The 2 bedroom rent in Grand Prairie is $1,220 which is significantly lower than the US average of $1,430. Additionally, those looking to purchase groceries will find that the grocery cost index in Grand Prairie is 96 compared to the US average of 100. This makes it one of the most affordable cities to live in Texas.
Grand Prairie is also a great place to work with many local companies such as Lockheed Martin Aeronautics and Lehigh Hanson Materials company providing job opportunities. It also boasts a variety of amenities including several shopping centers, multiple cultural centers and facilities for recreational activities like golf courses and parks. The population of Grand Prairie is approximately 190,624 people as of 2019 making it the 15th largest city in Texas.

Grand Prairie (zip 75051) has an unemployment rate of 7.4%. The US average is 6.0%.

Grand Prairie (zip 75051) has seen the job market increase by 3.1% over the last year. Future job growth over the next ten years is predicted to be 43.6%, which is higher than the US average of 33.5%.

Tax Rates for Grand Prairie (zip 75051)
- The Sales Tax Rate for Grand Prairie (zip 75051) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Grand Prairie (zip 75051) 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 Grand Prairie (zip 75051)
- The average income of a Grand Prairie (zip 75051) resident is $16,367 a year. The US average is $28,555 a year.
- The Median household income of a Grand Prairie (zip 75051) resident is $42,675 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGrand Prairie, TexasUnited States
  7.46
  -3.7%-6.2%
  43.6%33.5%
  8.3%6.2%
  0.0%4.6%
  $19,220$37,638
  $42,675$69,021
  $52,045$85,028
  Population by Occupation
  0.0%1.2%
  0.1%0.5%
  16.7%6.8%
  12.2%10.0%
  5.3%2.5%
  11.0%11.0%
  6.7%4.8%
  0.8%0.8%
  1.2%1.9%
  4.2%4.7%
  1.0%1.9%
  1.7%7.6%
  0.2%0.1%
  6.3%4.2%
  7.3%9.3%
  8.9%14.0%
  0.8%2.1%
  8.3%7.0%
  4.8%4.8%
  2.5%4.7%
Health