Houston, TX 77025 is an area with relatively high cost of living. According to data collected, rent for 2 bedroom apartments in 77025 is $1,560 compared to the national average of $1,430. Additionally, the grocery cost index in Houston is higher at 105 compared to 100 across the US. There are many local businesses that contribute to the economics of this area such as Kroger, Randall’s Food Markets, and Whole Foods Market. There are also small local businesses such as laundromats and convenience stores that contribute to the economy as well. All combined help make Houston a vibrant place to live with a variety of amenities available at reasonable prices.
Houston (zip 77025) has an unemployment rate of 8.0%. The US average is 6.0%.
Houston (zip 77025) 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 77025)
- The Sales Tax Rate for Houston (zip 77025) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Houston (zip 77025) 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 77025)
- The average income of a Houston (zip 77025) resident is $66,055 a year. The US average is $37,638 a year.
- The Median household income of a Houston (zip 77025) resident is $80,051 a year. The US average is $69,021 a year.