Hempstead, TX is a small town located in Waller County with a population of 7,076. The 2 bedroom rent in this area is around $1,100 per month, which is slightly lower than the US average of $1,430. Grocery Cost Index for Hempstead is 96 compared to the national average of 100. Local companies in Hempstead include J & B Automotive Repair, Wright’s Jewelry Store, Holtz Plumbing Service, and Swank’s Grocery Store. All these businesses help contribute to the local economy and growth of Hempstead.
Hempstead (zip 77445) has an unemployment rate of 7.9%. The US average is 6.0%.
Hempstead (zip 77445) has seen the job market increase by 3.0% over the last year. Future job growth over the next ten years is predicted to be 34.8%, which is higher than the US average of 33.5%.
Tax Rates for Hempstead (zip 77445)
- The Sales Tax Rate for Hempstead (zip 77445) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Hempstead (zip 77445) 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 Hempstead (zip 77445)
- The average income of a Hempstead (zip 77445) resident is $22,177 a year. The US average is $28,555 a year.
- The Median household income of a Hempstead (zip 77445) resident is $53,398 a year. The US average is $69,021 a year.