Zip 77062 (Houston, TX) Economy


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Houston 77062 is a vibrant area in the heart of Houston. It is home to many major companies including Halliburton, Chevron, and ExxonMobil. There are also numerous local businesses that make the neighborhood unique. Popular attractions in the area include Hermann Park, the Houston Zoo, the Galleria Shopping Center, and more. The cost of living in Houston 77062 is quite reasonable with an average two bedroom rent of $1,340 compared to $1,430 nationally. Grocery costs are also slightly lower than the U.S. average at 99 versus 100 nationally. This makes 77062 a great place to live for those looking for affordable yet high quality lifestyle options.

Houston (zip 77062) has an unemployment rate of 8.0%. The US average is 6.0%.

Houston (zip 77062) 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 77062)
- The Sales Tax Rate for Houston (zip 77062) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Houston (zip 77062) 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 77062)
- The average income of a Houston (zip 77062) resident is $39,136 a year. The US average is $28,555 a year.
- The Median household income of a Houston (zip 77062) resident is $98,193 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%
  $46,465$37,638
  $98,193$69,021
  $113,895$85,028
  Population by Occupation
  0.0%1.2%
  1.9%0.5%
  4.7%6.8%
  12.7%10.0%
  3.1%2.5%
  9.0%11.0%
  4.4%4.8%
  0.6%0.8%
  1.5%1.9%
  3.2%4.7%
  1.9%1.9%
  12.1%7.6%
  0.1%0.1%
  3.2%4.2%
  12.1%9.3%
  13.0%14.0%
  2.4%2.1%
  6.5%7.0%
  2.0%4.8%
  5.6%4.7%
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