77007 Houston, TX is a great neighborhood for people looking for an affordable cost of living. With an average 2 Bedroom Rent of $1,940, which is slightly higher than the national U.S average ($1,430), the area still offers a very competitive price for prospective residents. The Grocery Cost Index in 77007 Houston is 105 which is 5 points higher than the US national average but still allows residents to save money while stocking up on groceries. Companies that are located in this area include H-E-B Grocery Stores, Goode Company Seafood & Barbeque, Torchy's Tacos, and BBVA Bank.
Houston (zip 77007) has an unemployment rate of 8.0%. The US average is 6.0%.
Houston (zip 77007) 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 77007)
- The Sales Tax Rate for Houston (zip 77007) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Houston (zip 77007) 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 77007)
- The average income of a Houston (zip 77007) resident is $95,082 a year. The US average is $37,638 a year.
- The Median household income of a Houston (zip 77007) resident is $134,394 a year. The US average is $69,021 a year.