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Texas Economy


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United States / Texas / /
Texas state is an excellent place to live for its low cost of living. It's 2 bedroom rent is significantly lower than the US average at $1,280 - $1,430. Similarly, the grocery cost index in Texas is 94/100 compared to the US average. Home to major cities such as Austin, Houston and Dallas, Texas State houses local companies such as Dell Technologies, AT&T and H-E-B Grocery Company. The booming economy makes Texas a great place to live and work with plenty of job opportunities.

Texas has an unemployment rate of 7.2%. The US average is 6.0%.

Texas has seen the job market decrease by -4.6% over the last year. Future job growth over the next ten years is predicted to be 37.0%, which is higher than the US average of 33.5%.

Tax Rates for Texas
- The Sales Tax Rate for Texas is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Texas is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.

Income and Salaries for Texas
- The average income of a Texas resident is $34,255 a year. The US average is $37,638 a year.
- The Median household income of a Texas resident is $67,321 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTexas, TexasUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Texas
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Over 1 years ago

I grew up in New York and moved to Houston at the age of 24. My husband and I were tired of the cold and icy winter weather and hot, humid summers. Luckily he was  More

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I've lived here for almost three decades and am hard pressed to find a reason to leave other than the  More

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There are numerous positives about TX. They include a strong work effort, basic honesty of its citizens, & no state income tax. Unfortunately major metro areas of DFW,  More

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