Houston, TX 77055 is a great place to live if you are looking for affordable rental prices without compromising on quality. The average two bedroom rent in the area is $1,230, substantially lower than the national average of $1,430. It also has plenty of local shopping options and amenities for residents to enjoy. The Grocery Cost Index in Houston, TX 77055 is 105 which is higher than the US average of 100 but still offers competitive pricing. Local businesses include HEB Grocery Store, Randalls Grocery Store and Walmart Supercenter for grocery shopping needs. In addition, there are several restaurants nearby such as La Tapatia Mexican Restaurant and La Guadalupana Bakery & Cafe for dining out. With numerous parks in the area like West Road Park and Alief Community Park providing recreational activities, Houston TX 77055 provides excellent value for money with its low rents and wide range of amenities.
Houston (zip 77055) has an unemployment rate of 8.0%. The US average is 6.0%.
Houston (zip 77055) 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 77055)
- The Sales Tax Rate for Houston (zip 77055) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Houston (zip 77055) 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 77055)
- The average income of a Houston (zip 77055) resident is $45,662 a year. The US average is $37,638 a year.
- The Median household income of a Houston (zip 77055) resident is $64,277 a year. The US average is $69,021 a year.