Zip 77087 (Houston, TX) Economy


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Houston, Texas is an ideal place to settle down with a growing population of 77087 locals. The 2 bedroom rent in Houston is $1,000 which is significantly lower compared to the US average of $1430. Another advantage for residents in Houston is their grocery cost index (95), which is five points below the US average (100). This means that one can get groceries for more economical prices in Houston than elsewhere.
For those looking to find work in 77087 Houston, there are plenty of local companies such as Shell, ExxonMobil, HP Inc., Sysco Corporation and Halliburton providing job opportunities and excellent salaries. With the low rent costs and cheaper groceries, the cost of living in Houston is quite affordable and attractive for people who want to live comfortably without spending too much money.

Houston (zip 77087) has an unemployment rate of 8.0%. The US average is 6.0%.

Houston (zip 77087) 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 77087)
- The Sales Tax Rate for Houston (zip 77087) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Houston (zip 77087) 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 77087)
- The average income of a Houston (zip 77087) resident is $14,110 a year. The US average is $28,555 a year.
- The Median household income of a Houston (zip 77087) resident is $46,478 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%
  $18,338$37,638
  $46,478$69,021
  $54,014$85,028
  Population by Occupation
  0.1%1.2%
  2.5%0.5%
  21.7%6.8%
  9.8%10.0%
  4.3%2.5%
  8.5%11.0%
  7.8%4.8%
  0.8%0.8%
  0.5%1.9%
  1.0%4.7%
  1.7%1.9%
  1.3%7.6%
  0.0%0.1%
  6.4%4.2%
  7.0%9.3%
  8.2%14.0%
  1.8%2.1%
  7.2%7.0%
  7.0%4.8%
  2.3%4.7%
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