Zip 75042 (Garland, TX) Economy


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Garland, TX has a population of 236,897 and is the perfect place for anyone looking for a low cost of living within a bustling city. The 2 bedroom rent in Garland is $1,300 compared to the national average of $1,430. The grocery cost index in Garland is 97 versus 100 in the US, making it an affordable place with plenty to do.
In addition to the low cost of living, Garland offers several attractions and recreational options that add to its appeal as a great place to live. Some popular local companies include Topgolf Entertainment Group and PFSweb Inc., both located in Garland’s Firewheel Town Center. Popular attractions include Lake Ray Hubbard which provides beautiful views and hiking trails as well as fishing and watersports opportunities. There are also several recreational centers throughout the city offering community sports leagues and fitness classes such as yoga or Zumba.

Garland (zip 75042) has an unemployment rate of 6.5%. The US average is 6.0%.

Garland (zip 75042) has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 40.5%, which is higher than the US average of 33.5%.

Tax Rates for Garland (zip 75042)
- The Sales Tax Rate for Garland (zip 75042) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Garland (zip 75042) 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 Garland (zip 75042)
- The average income of a Garland (zip 75042) resident is $21,478 a year. The US average is $37,638 a year.
- The Median household income of a Garland (zip 75042) resident is $53,919 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGarland, 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%
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