Business and Economy in Tyler, TX
Being a great place to live also means being a great place to work. A thriving economy helps the tax base (so there’s more money for city improvements) and helps a city attract and retain talent. The median household income in Tyler, TX, is $42,840, and check out the following articles to get an inside look at its key industries and job opportunities.
Area economy stays diverse and dynamic.
Health care and education industries lead the local economy.
Retail industry thrives with shops of all sizes
Half-cent rate adds up to $13 million annually for infrastructure improvements
Chamber gets involved in many projects to keep membership dues from rising
Co.Work sets scene for entrepreneurial collaboration
Incubator draws young entrepreneurs, artists
Try local turkeys, candles, cakes and more
Convenient networking is key for membership.
Huge retail center draws shoppers from six to seven counties.
While employment opportunities often play a big part in why people move, a city’s unemployment rate also is a major indicator of an economy’s overall health. Regardless of whether personal employment is a factor, lower unemployment rates often mean a region is better able to attract and retain skilled workers, new industries and retailers. The statistics, here, should provide valuable insight into the health and diversity of Tyler’s economy.
Employment Rate in Smith County, TX
Occupations in Tyler, TX
Employment in Tyler, TX
|Employment Armed Forces||0.1%|
|Employment Civilian Labor Force||62.1%|
|Employment Not in Labor Force||37.8%|
|Employment Total in Labor Force||62.2%|
Industry in Tyler, TX
|Agriculture, Forestry, Fishing and Hunting and Mining||3.2%|
|Transportation and Warehousing, and Utilities||4%|
|Finance and Insurance, and Real Estate and Rental and Leasing||4.9%|
|Professional, Scientific and Management and Administrative and Waste||7.6%|
|Educational Services and Health Care and Social Assistance||28.4%|
|Arts, Entertainment and recreation and Accommodation and food Services||10%|
|Other Services, Except Public Administration||5.3%|