Zip 77050 (Houston, TX) Economy


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The city of Houston, TX has a population of around 77050 people. This area is an ideal location for those looking for an affordable place to call home. The average two bedroom rent in Houston is a reasonable $990, which is significantly lower than the national average of $1,430. Additionally, Houston offers a low grocery cost index of 95 as compared to 100 nationally. There are plenty of local businesses like Bubba's Bar-B-Q and Southside Market & BBQ that have been around for years and offer delicious food that the whole family will enjoy. Whether you're looking for affordability or convenience, Houston has something for everyone.

Houston (zip 77050) has an unemployment rate of 8.0%. The US average is 6.0%.

Houston (zip 77050) 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 77050)
- The Sales Tax Rate for Houston (zip 77050) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Houston (zip 77050) 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 77050)
- The average income of a Houston (zip 77050) resident is $20,450 a year. The US average is $28,555 a year.
- The Median household income of a Houston (zip 77050) resident is $33,542 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%
  6.3%6.2%
  0.0%4.6%
  $13,350$37,638
  $33,542$69,021
  $25,278$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  14.8%6.8%
  3.4%10.0%
  1.6%2.5%
  7.4%11.0%
  8.2%4.8%
  1.1%0.8%
  2.2%1.9%
  0.5%4.7%
  0.0%1.9%
  4.8%7.6%
  0.5%0.1%
  28.8%4.2%
  3.0%9.3%
  5.8%14.0%
  1.5%2.1%
  8.1%7.0%
  7.2%4.8%
  1.2%4.7%
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