Zip 77037 (Houston, TX) Economy


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Houston, TX 77037 is an area that offers a more affordable lifestyle than the US average. The area's 2 bedroom rent is $1,090 per month compared to the US average of $1,430 per month. Additionally, the Grocery Cost Index in Houston is 95 versus 100 in the US which offers residents with local savings on food costs. The area has many great employers including ExxonMobil Corporation and MD Anderson Cancer Center. Local businesses such as Jim 'N Nick’s Bar-B-Q and Torchy’s Tacos are also nearby for great cuisine experiences.

Houston (zip 77037) has an unemployment rate of 8.0%. The US average is 6.0%.

Houston (zip 77037) 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 77037)
- The Sales Tax Rate for Houston (zip 77037) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Houston (zip 77037) 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 77037)
- The average income of a Houston (zip 77037) resident is $12,161 a year. The US average is $28,555 a year.
- The Median household income of a Houston (zip 77037) resident is $42,731 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%
  $17,169$37,638
  $42,731$69,021
  $41,183$85,028
  Population by Occupation
  0.0%1.2%
  0.8%0.5%
  27.4%6.8%
  9.5%10.0%
  0.6%2.5%
  10.3%11.0%
  3.2%4.8%
  0.2%0.8%
  0.2%1.9%
  2.6%4.7%
  1.2%1.9%
  3.1%7.6%
  0.0%0.1%
  5.9%4.2%
  3.2%9.3%
  7.5%14.0%
  1.8%2.1%
  13.0%7.0%
  5.8%4.8%
  3.6%4.7%
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