The 2019 median household income within the City of Mesquite, TX is $57,824.
The median home value is $143,000.
Occupations within a 30-minute Commute
The largest major occupation group in the 30-Minute Commute Economic Overview is Office and Administrative Support Occupations, employing 270,401 workers. The next-largest occupation groups in the region are Sales and Related Occupations (182,447 workers) and Transportation and Material Moving Occupations (158,356). High location quotients (LQs) indicate occupation groups in which a region has high concentrations of employment compared to the national average. The major groups with the largest LQs in the region are Computer and Mathematical Occupations (LQ = 1.28), Legal Occupations (1.27), and Office and Administrative Support Occupations (1.20).
Occupation groups in the 30-Minute Commute Economic Overview with the highest average wages per worker are Management Occupations ($130,200), Legal Occupations ($116,200), and Architecture and Engineering Occupations ($97,600). The unemployment rate in the region varied among the major groups from 1.8% among Legal Occupations to 10.6% among Personal Care and Service Occupations.
Over the next 1 year, the fastest growing occupation group in the 30-Minute Commute Economic Overview is expected to be Healthcare Support Occupations with a +3.2% year-over-year rate of growth. The strongest forecast by number of jobs over this period is expected for Food Preparation and Serving Related Occupations (+2,642 jobs) and Transportation and Material Moving Occupations (+2,057). Over the same period, the highest separation demand (occupation demand due to retirements and workers moving from one occupation to another) is expected in Office and Administrative Support Occupations (32,356 jobs) and Sales and Related Occupations (25,529).
Employment within the City of Mesquite
As of 2020Q2, total employment for the City of Mesquite, TX was 55,830 (based on a four-quarter moving average). Over the year ending 2020Q2, employment declined 8.9% in the region.
The average worker in the City of Mesquite, TX earned annual wages of $69,120 as of 2020Q2. Average annual wages per worker increased 3.7% in the region over the preceding four quarters. For comparison purposes, annual average wages were $58,849 in the nation as of 2020Q2.
Cost of Living
The Cost of Living Index estimates the relative price levels for consumer goods and services. When applied to wages and salaries, the result is a measure of relative purchasing power. The cost of living is 3.6% higher in City of Mesquite, TX than the U.S. average.