Zip 77071 (Houston, TX) Economy


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Houston, TX 77071 is a vibrant community located in Houston, TX. It features an array of local businesses, amenities, and entertainment options for its residents. The two-bedroom rent in the area averages around $1,150 per month, which is significantly lower than the US average of $1,430. Additionally, the grocery cost index in Houston is 96 versus 100 in the US. Local businesses include Stop & Go Grocery Store where shoppers can find fresh produce and other essentials. There are numerous eateries nearby including Unforgettable Wings & More, a local favorite known for their amazing wings and unique flavors. Residents also have access to various amenities such as parks, libraries and gyms within a few miles from the city center. These features make Houston one of the most desirable cities to live in Texas.

Houston (zip 77071) has an unemployment rate of 8.0%. The US average is 6.0%.

Houston (zip 77071) 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 77071)
- The Sales Tax Rate for Houston (zip 77071) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Houston (zip 77071) 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 77071)
- The average income of a Houston (zip 77071) resident is $22,330 a year. The US average is $28,555 a year.
- The Median household income of a Houston (zip 77071) resident is $53,406 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%
  $28,151$37,638
  $53,406$69,021
  $64,528$85,028
  Population by Occupation
  0.0%1.2%
  1.1%0.5%
  6.7%6.8%
  6.9%10.0%
  3.7%2.5%
  10.7%11.0%
  6.2%4.8%
  1.3%0.8%
  0.6%1.9%
  4.1%4.7%
  2.3%1.9%
  5.3%7.6%
  0.1%0.1%
  6.8%4.2%
  8.7%9.3%
  18.4%14.0%
  1.0%2.1%
  7.3%7.0%
  6.2%4.8%
  2.7%4.7%
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