Zip 75708 (Tyler, TX) Economy


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Tyler, TX with zip code 75708 is known to have a relatively low cost of living compared to other cities in the US. A 2 bedroom rent in this area costs around $920 which is significantly lower than the national average of $1,430 for the same. Moreover, the grocery cost index in Tyler is 90 as compared to 100 in the US. This makes it easier for people to afford basic necessities at a more reasonable price. People living here can also enjoy various amenities and services offered by local companies such as Davis Pharmacy & Surgical Supplies, Alexander Texas Home Health Care Inc., Chick-fil-A Tyler Longview, Long John Silver's Tyler, Walmart Supercenter, The Home Depot and many others.

Tyler (zip 75708) has an unemployment rate of 6.3%. The US average is 6.0%.

Tyler (zip 75708) 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 75708)
- The Sales Tax Rate for Tyler (zip 75708) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Tyler (zip 75708) 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 75708)
- The average income of a Tyler (zip 75708) resident is $13,840 a year. The US average is $28,555 a year.
- The Median household income of a Tyler (zip 75708) resident is $68,121 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%
  6.8%6.2%
  0.0%4.6%
  $22,296$37,638
  $68,121$69,021
  $69,877$85,028
  Population by Occupation
  1.2%1.2%
  0.0%0.5%
  15.1%6.8%
  9.2%10.0%
  4.3%2.5%
  12.3%11.0%
  5.7%4.8%
  0.4%0.8%
  3.7%1.9%
  1.2%4.7%
  0.4%1.9%
  0.8%7.6%
  0.0%0.1%
  10.1%4.2%
  3.9%9.3%
  10.5%14.0%
  0.4%2.1%
  11.3%7.0%
  7.6%4.8%
  2.0%4.7%
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