77056 Houston, TX is an attractive area for potential renters due to the relatively low cost of living with 2 bedroom rentals costing only $2,000. This is significantly cheaper than the US average of $1,430. Additionally, the grocery cost index in 77056 is 108 versus 100 in the US making it more affordable to buy groceries. This makes it a great place to live for people on a budget. Local companies in 77056 include Chevron Phillips Chemical Company LP, Houston Methodist West Hospital and JCPenney Corporate Office. These companies provide residents and visitors with job opportunities and access to important services like healthcare and retail shopping.
Houston (zip 77056) has an unemployment rate of 8.0%. The US average is 6.0%.
Houston (zip 77056) 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 77056)
- The Sales Tax Rate for Houston (zip 77056) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Houston (zip 77056) 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 77056)
- The average income of a Houston (zip 77056) resident is $98,557 a year. The US average is $37,638 a year.
- The Median household income of a Houston (zip 77056) resident is $101,563 a year. The US average is $69,021 a year.