Houston 77032 has an average 2 Bedroom rent of $1,240. This is significantly lower than the US average of $1,430. Additionally, grocery cost index is 95 in 77032 compared to 100 in the US. As such, this area of Houston is an attractive place for families to move. Many local companies are also helping contribute to the economy in this area. Companies such as BBVA Compass Bank, Chase Bank, and Home Depot provide residents with financial and home improvement services that stimulate economic growth. These businesses also offer employment opportunities for locals, which further boosts the economy in 77032 Houston, TX.
Houston (zip 77032) has an unemployment rate of 8.0%. The US average is 6.0%.
Houston (zip 77032) has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 30.9%, which is lower than the US average of 33.5%.
Tax Rates for Houston (zip 77032)
- The Sales Tax Rate for Houston (zip 77032) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Houston (zip 77032) is 0.0%. The US average is 4.6%.
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Income and Salaries for Houston (zip 77032)
- The average income of a Houston (zip 77032) resident is $17,637 a year. The US average is $37,638 a year.
- The Median household income of a Houston (zip 77032) resident is $38,269 a year. The US average is $69,021 a year.