Katy, TX is a great place to live with a population of 77,494 people and a variety of attractions, businesses, and activities. The 2 Bedroom Rent in Katy is $1,940 which is significantly higher than the US average of $1,430. Additionally, the grocery cost index in Katy is 103 compared to 100 in the US. This indicates that groceries are slightly more expensive in Katy than in other parts of the country. There are also many popular companies and businesses located in Katy such as Academy Sports + Outdoors, Igloo Products Corp., Schlumberger Technology Corp., and many others. All these factors combined create an excellent cost of living for residents of this great city.
Katy (zip 77494) has an unemployment rate of 7.6%. The US average is 6.0%.
Katy (zip 77494) 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 37.7%, which is higher than the US average of 33.5%.
Tax Rates for Katy (zip 77494)
- The Sales Tax Rate for Katy (zip 77494) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Katy (zip 77494) 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 Katy (zip 77494)
- The average income of a Katy (zip 77494) resident is $47,019 a year. The US average is $28,555 a year.
- The Median household income of a Katy (zip 77494) resident is $137,275 a year. The US average is $69,021 a year.