Katy, Texas (77450) is a city located in Harris County with an estimated population of 18,678. It is a suburb of Houston and has plenty to offer for its residents. The rent for two bedroom apartments here is $1,680 which is slightly higher than the US average 2 bedroom rent of $1,430. Similarly, the grocery cost index here is 100 which is equal to the US average. There are numerous local companies in Katy such as Katy ISD, Walmart Distribution Center, Methodist West Houston Hospital and many more. With its positive economic prospects and lower cost of living than most other cities in Texas; Katy makes for an ideal place for anyone wanting a suburban life close to all amenities.
Katy (zip 77450) has an unemployment rate of 8.0%. The US average is 6.0%.
Katy (zip 77450) 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 32.3%, which is lower than the US average of 33.5%.
Tax Rates for Katy (zip 77450)
- The Sales Tax Rate for Katy (zip 77450) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Katy (zip 77450) 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 Katy (zip 77450)
- The average income of a Katy (zip 77450) resident is $45,235 a year. The US average is $37,638 a year.
- The Median household income of a Katy (zip 77450) resident is $95,698 a year. The US average is $69,021 a year.