Tyler, Texas is a great city for those looking for an affordable place to live. The 2 bedroom rent in Tyler, TX is only $1,020 a month compared to the US average of $1,430. You will also find that grocery costs are lower than the nation’s average with an index of 93 compared to 100 in the US. Local businesses are abundant in Tyler, Texas with many large employers such as UT Health Tyler Hospital and Brookshire Grocery Company providing competitive wages for their employees. Shopping can be done at local stores such as Walmart and Lowe's or online through major retailers like Amazon and Target. Additionally, there are ample dining options available including popular chain restaurants like Panera Bread or Chili's Grill & Bar. In short, Tyler offers affordable living with access to jobs, shopping and dining options that make it a great choice for those looking for a place to call home.
Tyler (zip 75704) has an unemployment rate of 6.3%. The US average is 6.0%.
Tyler (zip 75704) has seen the job market decrease by -3.3% 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 75704)
- The Sales Tax Rate for Tyler (zip 75704) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Tyler (zip 75704) 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 75704)
- The average income of a Tyler (zip 75704) resident is $20,675 a year. The US average is $37,638 a year.
- The Median household income of a Tyler (zip 75704) resident is $46,378 a year. The US average is $69,021 a year.