Midland, TX 79707 is a city located in Texas that features an array of local businesses and attractions. The average 2 bedroom rent in Midland is $1,340, which is slightly below the US average of $1,430. Additionally, the grocery cost index in Midland is 100 versus the US national average of 100. Popular local companies include Basin Natural Gas Solutions, Trinity Industries Leasing Co., Pioneer Natural Resources LLC, WB Moore Electric Company Inc., and Big Sky Lighting LLC. Despite its lower than average 2 bedroom rent rate compared to the rest of the US, Midland remains a popular place to live due to its variety of businesses and attractions.
Midland (zip 79707) has an unemployment rate of 7.4%. The US average is 6.0%.
Midland (zip 79707) has seen the job market decrease by -13.6% over the last year. Future job growth over the next ten years is predicted to be 48.3%, which is higher than the US average of 33.5%.
Tax Rates for Midland (zip 79707)
- The Sales Tax Rate for Midland (zip 79707) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Midland (zip 79707) 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 Midland (zip 79707)
- The average income of a Midland (zip 79707) resident is $58,457 a year. The US average is $37,638 a year.
- The Median household income of a Midland (zip 79707) resident is $96,146 a year. The US average is $69,021 a year.