STATE SNAPSHOT: Southern Texas

By Jim Battey, InfoWorld |  Career

Vital statistics

Population:

State - 20,044,141 (ranks second in nation)

Houston area - 4,407,579

Austin area - 1,105,909

Unemployment rate:

State - 4.5% (national - 4.1%)

Houston area - 4.4%

Austin area - 2.1%

Median housing cost:

National - $137,800

Houston area - $115,900

Austin area - $148,500

Tax factors:

Texas has a state sales tax rate of 6.25 percent; there is no individual income
tax; and property tax rates vary by location.

Business outlook

Top industries:

Energy, electronics, services, trade, manufacturing

Top employers:

University of Texas, Texas Instruments, Compaq, Dell, EDS, Tandy, Kimberly-Clark,
Halliburton

Economic outlook:

Texas led all states in Internet job creation in the 90s. The labor market remains
extremely tight.

Local buzz

"Job growth is still strong and the state's economy is thriving. You'd have to go
back 26 years -- to the 3.9 percent rate in May of 1974 -- to find a lower statewide
unemployment rate than July's."

-- Diane Rath, chair, Texas Workforce Commission, Austin

IT salaries, large companies

Austin:

Vice president, IS - $150,344

IS director - $127,756

Network services - $80,785

Houston:

Vice president, IS - $143,607

IS director - $122,032

Network services - $77,166

Web resource

Texas Technology - www.ttechnology.com

The online version of this monthly magazine includes career information.

Source: U.S. CENSUS BUREAU, BUREAU OF LABOR STATISTICS, NATIONAL ASSOCIATION OF
REALTORS, RELOCATION CENTRAL, POSITIVE SUPPORT REVIEW SALARY SURVEY

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