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The economy of Houston is based primarily on the energy industry, particularly oil.However, health care, biomedical research, and aerospace also constitute large sectors. In 2021, the gross domestic product (GDP) of the Houston–The Woodlands–Sugar Land metropolitan statistical area (MSA) was 537 U.S. dollars billion, the fourth-largest of any metro area in the United States. [1]
The state sales tax is set at 6.25 percent. [27] Cities are allowed to impose an additional 1% tax, and additional taxes not to exceed 1% may be approved by voters for any combination of county sales tax, transportation districts, economic development, and/or crime prevention. The average sales tax in Texas amounts to 8.25 percent.
California has the highest base sales tax rate, 7.25%. Including county and city sales taxes, the highest total sales tax as of September 1, 2013, was in Arab, Alabama, 13.50%. [2] Sales tax is calculated by multiplying the purchase price by the applicable tax rate. The seller collects it at the time of the sale.
Map of the world showing national-level sales tax / VAT rates as of October 2019. A comparison of tax rates by countries is difficult and somewhat subjective, as tax laws in most countries are extremely complex and the tax burden falls differently on different groups in each country and sub-national unit.
Economically, Harris County along with other Texas counties has one of the nation's highest property tax rates. In 2007, the county was ranked in the top 25 at 22nd in the nation for property taxes as percentage of the homes value on owner-occupied housing; the list only includes counties with a population over 65,000 for comparability. [23]
For food for human consumption and drugs: state sales tax of 1%; Cook County sales tax of 1%; RTA sales tax of 0.75%; public safety sales tax of 0.5%; and total sales tax of 3.25%.
Harris County Precinct One, headed by Allen Rosen as of 2019, serves West University Place. [53] West University Place is located in District 134 of the Texas House of Representatives. As of 2021 Ann Johnson (D) represents the district. [54] West University Place is within District 17 of the Texas Senate, represented by Joan Huffman. [55]
Demographics of Houston. In the U.S. state of Texas, Houston is the largest city by both population and area. With a 1850 United States census population of 2,396—and 596,163 a century later, in 1950—Houston's population has experienced positive growth trends. [1] In 2000, the city had a population of 1,953,631 people in 717,945 households ...