Zip 77018 (Houston, TX) Economy


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77018 Houston, TX has an average two bedroom rent of $1,120, which is lower than the US average of $1,430. Additionally, 77018 has a grocery cost index of 105, compared to the US's 100. This makes 77018 one of the more affordable places to live in the area. Companies in this area include Ace Hardware, Wells Fargo Bank, and Cafe Express. Other popular businesses are Fat Cat Creamery and La Tapatia Mexican restaurant. For shopping there is also Westheimer Shopping Center and North Oaks Plaza which both offer a variety of stores from clothing to household items.

Houston (zip 77018) has an unemployment rate of 8.0%. The US average is 6.0%.

Houston (zip 77018) 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 77018)
- The Sales Tax Rate for Houston (zip 77018) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Houston (zip 77018) 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 77018)
- The average income of a Houston (zip 77018) resident is $39,483 a year. The US average is $28,555 a year.
- The Median household income of a Houston (zip 77018) resident is $94,870 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHouston, TexasUnited States
  86
  -5.6%-6.2%
  30.9%33.5%
  8.3%6.2%
  0.0%4.6%
  $58,048$37,638
  $94,870$69,021
  $143,909$85,028
  Population by Occupation
  0.3%1.2%
  8.4%0.5%
  10.1%6.8%
  10.2%10.0%
  2.9%2.5%
  6.5%11.0%
  3.6%4.8%
  1.2%0.8%
  1.5%1.9%
  4.1%4.7%
  2.2%1.9%
  16.0%7.6%
  0.3%0.1%
  3.5%4.2%
  7.4%9.3%
  7.7%14.0%
  2.4%2.1%
  4.1%7.0%
  5.7%4.8%
  1.8%4.7%
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