Zip 76643 (Hewitt, TX) Economy


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Hewitt, Texas (zip code 76643) is a small city with an estimated population of 4,154 as of 2019. The average rent for a two-bedroom apartment in this city is $1,270, which is slightly lower than the national average of $1,430. The Grocery Cost Index (GCI) in Hewitt is 95 versus the national average of 100. This means that groceries are relatively cheaper in Hewitt than they are across the country on average. In terms of local businesses, Hewitt has several stores such as Walmart Supercenter, Brookshire's Grocery Store, and Applebee's Bar & Grill to name a few. With its favorable cost of living and various amenities, Hewitt is an ideal place to settle down and call home.

Hewitt (zip 76643) has an unemployment rate of 6.0%. The US average is 6.0%.

Hewitt (zip 76643) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 37.3%, which is higher than the US average of 33.5%.

Tax Rates for Hewitt (zip 76643)
- The Sales Tax Rate for Hewitt (zip 76643) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Hewitt (zip 76643) 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 Hewitt (zip 76643)
- The average income of a Hewitt (zip 76643) resident is $28,880 a year. The US average is $28,555 a year.
- The Median household income of a Hewitt (zip 76643) resident is $72,395 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHewitt, TexasUnited States
  66
  -2.0%-6.2%
  37.3%33.5%
  8.3%6.2%
  0.0%4.6%
  $32,588$37,638
  $72,395$69,021
  $90,350$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  1.5%6.8%
  13.3%10.0%
  5.8%2.5%
  8.0%11.0%
  4.7%4.8%
  1.8%0.8%
  1.2%1.9%
  4.9%4.7%
  1.7%1.9%
  2.9%7.6%
  0.4%0.1%
  3.5%4.2%
  17.1%9.3%
  13.8%14.0%
  1.6%2.1%
  4.1%7.0%
  3.5%4.8%
  10.2%4.7%
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