The city of Houston, TX (77003) is an attractive place to live due to its low cost of living and high quality of life. The 2 bedroom rent average in this area is $1,570 per month, around 10% lower than the national average of $1,430. Grocery costs are also lower with an index of 101 vs the US' 100. There are many local companies that draw people to the area such as Shell Oil Company, Hewlett Packard Enterprise, and Halliburton. Additionally there are many attractions like the nearby Space Center Houston and Johnson Space Center for entertainment options.
Houston (zip 77003) has an unemployment rate of 8.0%. The US average is 6.0%.
Houston (zip 77003) has seen the job market increase by 3.2% over the last year. Future job growth over the next ten years is predicted to be 30.9%, which is lower than the US average of 33.5%.
Tax Rates for Houston (zip 77003)
- The Sales Tax Rate for Houston (zip 77003) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Houston (zip 77003) 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 Houston (zip 77003)
- The average income of a Houston (zip 77003) resident is $30,724 a year. The US average is $28,555 a year.
- The Median household income of a Houston (zip 77003) resident is $81,895 a year. The US average is $69,021 a year.