Houston, TX — income, home value, property tax, and sales tax.
ZIP code 77547, in the Houston area, sits squarely in working-class territory. A median household income of $50,991 and per-capita income of $20,108 fall well below what's needed to comfortably buy into many parts of the metro, and a median home value of $111,500 reflects that. Property taxes run at an effective 1.62% of value at the county level, which on a home at that median works out to meaningful annual cost. Add a 6.25% combined sales tax rate, and everyday purchases carry a steady load alongside the housing expense.
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