Zip 77006 (Houston, TX) Economy


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Houston, TX is a city that offers a great balance between affordability and access to amenities. 77006 is one of the Houston neighborhoods where two bedroom rents start from $1,930. Compared to the average US rent which is around $1,430, this neighborhood offers more living space for those who can afford it. Moreover, groceries in Houston are 6% more expensive than the average US cost index of 100. This may be due to local produce and specialty items sold by local companies such as H-E-B Grocery, Whole Foods Market and Kroger. All in all, 77006 is an area that provides good value for money with its affordable rent prices and well-serviced local stores.

Houston (zip 77006) has an unemployment rate of 8.0%. The US average is 6.0%.

Houston (zip 77006) 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 30.9%, which is lower than the US average of 33.5%.

Tax Rates for Houston (zip 77006)
- The Sales Tax Rate for Houston (zip 77006) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Houston (zip 77006) 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 77006)
- The average income of a Houston (zip 77006) resident is $82,237 a year. The US average is $37,638 a year.
- The Median household income of a Houston (zip 77006) resident is $88,670 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHouston, 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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