Houston, TX — income, home value, property tax, and sales tax.
In ZIP code 77061, on Houston's south side, homes carry a median value of $224,400, and the county-level property tax rate of 1.62% works out to roughly $3,635 a year. With median household income at $45,115, that tax bill equals about 8% of annual earnings before any exemptions. Per-capita income sits at $24,859, so many households feel the squeeze. Add the 8.25% combined sales tax on everyday purchases, and the cost of living here stretches budgets thin. Buying a home in this ZIP means weighing a mid-priced house against incomes that do not easily absorb the yearly tax hit.
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