New Waverly, Texas (77358) is a small town located in Walker County. The cost of living in New Waverly is quite low, with a 2 bedroom rent costing $1,090 compared to the US average of $1,430. Additionally, the local grocery cost index is 96 compared to 100 nationally. Being close to Houston offers many opportunities for local businesses. Major employers in the area include FedEx Express, which employs more than 100 people and provides logistics services; Peterbilt Motors Company, which manufactures trucks and employs over 500 people; as well as Joyland Truck Stop & Restaurant which offers delicious food and fuel services for both locals and travelers alike. New Waverly is an ideal place for those looking for an affordable cost of living combined with plenty of job opportunities nearby.
New Waverly (zip 77358) has an unemployment rate of 7.8%. The US average is 6.0%.
New Waverly (zip 77358) has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 31.6%, which is lower than the US average of 33.5%.
Tax Rates for New Waverly (zip 77358)
- The Sales Tax Rate for New Waverly (zip 77358) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for New Waverly (zip 77358) 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 New Waverly (zip 77358)
- The average income of a New Waverly (zip 77358) resident is $33,814 a year. The US average is $37,638 a year.
- The Median household income of a New Waverly (zip 77358) resident is $67,011 a year. The US average is $69,021 a year.