Zip 75703 (Tyler, TX) Economy


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The average rent for a two bedroom in Tyler, Texas (75703) is $1,270, which is significantly less than the US average of $1,430. The grocery cost index in Tyler is 97 versus 100 for the US; meaning groceries are slightly cheaper. There are several local companies that offer 2 bedroom apartments such as Stonebridge Ranch Apartments, Heather Place Apartments and Greenway Park Apartments. Stonebridge Ranch offers spacious two-bedroom units with large windows and plenty of storage space while Heather Place provides cozy yet modern apartments with private patios. Greenway Park boasts a swimming pool, playgrounds and beautiful landscaped grounds in its two bedroom units. All three of these rentals offer affordable options for those looking to live in Tyler, Texas.

Tyler (zip 75703) has an unemployment rate of 6.3%. The US average is 6.0%.

Tyler (zip 75703) 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 36.4%, which is higher than the US average of 33.5%.

Tax Rates for Tyler (zip 75703)
- The Sales Tax Rate for Tyler (zip 75703) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Tyler (zip 75703) 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 Tyler (zip 75703)
- The average income of a Tyler (zip 75703) resident is $34,929 a year. The US average is $28,555 a year.
- The Median household income of a Tyler (zip 75703) resident is $68,483 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTyler, TexasUnited States
  6.36
  -3.3%-6.2%
  36.4%33.5%
  8.3%6.2%
  0.0%4.6%
  $40,127$37,638
  $68,483$69,021
  $91,090$85,028
  Population by Occupation
  0.2%1.2%
  2.8%0.5%
  4.8%6.8%
  7.7%10.0%
  1.4%2.5%
  14.9%11.0%
  3.4%4.8%
  0.3%0.8%
  1.5%1.9%
  3.2%4.7%
  1.8%1.9%
  6.5%7.6%
  0.1%0.1%
  3.5%4.2%
  8.8%9.3%
  19.3%14.0%
  1.2%2.1%
  7.2%7.0%
  6.3%4.8%
  5.2%4.7%
Health