Tyler, Texas (75707) is a great place to live with its reasonable housing costs. The average two bedroom rent in Tyler is $1,340, which is lower than the US national average of $1,430. Additionally, grocery cost index in Tyler is 95 compared to the national index of 100. This makes Tyler an affordable option for many people looking for a place to call home.
The city has lots of local businesses offering employment opportunities and goods and services. Companies like Brookshire Grocery Company, UT Health Tyler hospital, and Southside Bank offer jobs to Tyler citizens while stores such as Walmart Supercenter provide goods and services at competitive prices. Tyler also hosts events all year round that help bring life and culture into the city including festivals like Azalea Trails Festival and Blessings Under the Bridge.
Tyler (zip 75707) has an unemployment rate of 6.3%. The US average is 6.0%.
Tyler (zip 75707) 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 75707)
- The Sales Tax Rate for Tyler (zip 75707) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Tyler (zip 75707) 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 75707)
- The average income of a Tyler (zip 75707) resident is $36,416 a year. The US average is $37,638 a year.
- The Median household income of a Tyler (zip 75707) resident is $68,040 a year. The US average is $69,021 a year.