Midland County · Texas · South · 137k residents
Midland, TX: economy, jobs & business costs
The site-selection read on Midland: labor costs, talent, corporate tax, energy, and business activity, with the Texas median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,852/wk. Texas's corporate income tax rate is 0%. Commercial electricity averages 8.6¢/kWh.
Compare Midland side by side
Avg. weekly wage
$1,852/wk
Corporate income tax
0%
Bachelor's degree or higher
33.7%
Commercial electricity
8.6¢/kWh
Economic momentum
How fast Midland's economy is moving, ranked against the US cities we track.
61/100
Steady
Ranks Midland's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $319,200 |
| Price per sq. ft. | $170 |
| Property tax rate | 1.68% |
| 1-bedroom rent | $1,189/mo |
| 2-bedroom rent | $1,621/mo |
| State & local income tax | 0% |
| Sales tax | 8.2% |
| Corporate income tax | 0% |
| Avg. weekly wage | $1,852/wk |
| Bachelor's degree or higher | 33.7% |
| Commercial electricity | 8.6¢/kWh |
| Businesses per 1k residents | 34.9/1k |
| Wage: Software developer | $126,190 |
| Wage: Registered nurse | $82,120 |
| Wage: General manager | $132,420 |
| Wage: Customer service | $44,890 |
| Wage: Warehouse worker | $38,200 |
| Wage: Heavy truck driver | $58,200 |
| Wage: Electrician | $59,530 |
| Wage: Retail salesperson | $33,660 |
| Cost of living index | 98 |
| Groceries index | 96 |
| Utilities | $185/mo |
| Transit pass | $96/mo |
| Gas price | $2.90/gal |
| Healthcare index | 96 |
| Childcare (per child) | $1,000/mo |
| Median household income | $89,585 |
| Unemployment rate | 4% |
| Population | 137k |
| Crime index | 50/100 |
| School rating | 5.5/10 |
| Walkability | 38/100 |
| Disaster risk | 81/100 |
| Avg. commute | 27 min |
| Sunny days / year | 230 days |
| July high | 95°F |
| January low | 31°F |
| Annual snowfall | 2 in |
| Home price YoY | +2.4% |
| Home price MoM | -0.1% |
| Rent YoY | -2.7% |
| Rent MoM | -0.7% |
| Employment (jobs) YoY | +1.2% |
| Building permits YoY | -12.4% |
| Ocean coast | 401 mi |
| Big lake | 217 mi |
| Mountains | 156 mi |
| Major airport | 116 mi |
| Ski resort | 238 mi |
Popular comparisons
Nearby
- Odessa, TX · 115k
- West Odessa, TX · 33k
- Big Spring, TX · 24k
- San Angelo, TX · 100k
- Lubbock, TX · 265k
Similar size
- Carrollton, TX · 134k
- Lewisville, TX · 131k
- Waco, TX · 144k
- Abilene, TX · 128k
- McAllen, TX · 145k
Real listings in Midland
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Midland a good place to run a business?
- Texas's corporate income tax rate is 0%; average weekly wages in the surrounding labor market run $1,852/wk; commercial electricity averages 8.6¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Midland, TX?
- Midland indexes at 98 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,621/mo and a acs median home value of $319,200.
- How much does a house cost in Midland?
- The acs median home value in Midland is $319,200 (Census ACS estimate; individual listings vary).
- How much is rent in Midland?
- A two-bedroom in Midland rents for about $1,621/mo.