Piney Point Village, Texas, is one of the most exclusive communities in the state, boasting luxury homes, high household incomes, and a thriving economy. If you’re considering a move or career shift to this prestigious area, understanding salary trends and economic factors is essential.
This article explores the average salaries in Piney Point Village, the industries driving high incomes, and the role of public adjusting in the local economy. We’ll also provide official government sources for accurate wage data and employment insights.
Overview: Piney Point Village Economy and Income
Piney Point Village is part of the Memorial Villages, a collection of affluent Houston suburbs known for their upscale homes and high-income residents.
- Median Household Income: $510,179 (one of the highest in Texas)
- Median Home Value: Over $2 million
- Unemployment Rate: Extremely low, with a focus on business ownership and executive roles
- Primary Industries: Finance, healthcare, law, real estate, and public services
With such high wealth concentration, salaries in Piney Point Village often exceed Texas state averages, particularly in professional and executive-level positions.
Average Salaries in Piney Point Village
Salaries in this area vary widely depending on occupation and industry. Here’s a look at some of the most common (and lucrative) jobs in Piney Point Village:
1. City Administrator
- Average Salary: $181,176 per year
- This position oversees the management of city services, budgets, and infrastructure.
2. Police Officer
- Average Salary: $57,588 per year
- Law enforcement professionals in Piney Point Village are well-compensated due to the high-end nature of the community.
3. Owner-Operator Truck Driver
- Average Salary: $396,000 per year
- This high-paying profession thrives in Texas due to the state’s expansive logistics and freight industry.
4. Retail Worker
- Average Salary: $14.82 per hour
- While retail salaries are on the lower end, luxury retail professionals in Houston often earn commissions that increase their take-home pay.
5. City Employees (Various Roles)
- Average Salary: $86,037 per year
- Includes roles in public works, permitting, and administrative positions.
6. Public Adjusters
- Average Salary: $75,000 – $150,000 per year (plus commission-based earnings)
- Public adjusters assist homeowners and businesses with insurance claims after property damage.
For salary insights across various industries in Texas, visit U.S. Bureau of Labor Statistics – Texas or check out employment trends on Texas Workforce Commission.
Public Adjusting: A Niche But High-Earning Profession
What is Public Adjusting?
Public adjusters represent homeowners and businesses during insurance claims, ensuring they receive fair compensation for damages. In a high-value real estate market like Piney Point Village, where homes are worth millions, the role of public adjusters becomes crucial.
Why is Public Adjusting Important in Piney Point Village?
- High property values mean larger claims. Insurance companies often underpay claims, so public adjusters negotiate for full compensation.
- Frequent weather events in Texas (hurricanes, floods, hail) lead to significant property damage, increasing demand for adjusters.
- Luxury homes require specialized assessments. Public adjusters work with contractors to determine accurate repair costs.
How Much Do Public Adjusters Make?
Public adjusters work on a commission basis, earning 5% to 20% of the final insurance settlement. In a wealthy community like Piney Point Village, even a single large claim can result in substantial earnings.
If you’re dealing with an insurance claim in Texas, visit Texas Public Adjusting for expert assistance.
To explore licensing and regulations for public adjusters in Texas, check out Texas Department of Insurance (TDI).
Economic Factors Influencing Salaries
Several economic factors contribute to the high salaries in Piney Point Village:
1. Affluent Demographics
- The city is home to corporate executives, doctors, attorneys, and business owners, leading to higher salaries and spending power.
- Private businesses, luxury service providers, and high-end retail stores thrive here.
2. Proximity to Houston
- Being just 12 miles from downtown Houston means residents can work high-paying jobs in finance, energy, and healthcare while enjoying the exclusivity of Piney Point Village.
3. High Cost of Living
- Real Estate: Homes here start at $2 million, significantly above the Texas median home price of $330,000.
- Luxury Services: Residents pay premium prices for private security, home maintenance, and upscale amenities.
High-Income Professions in Piney Point Village
Beyond public adjusting and city roles, many Piney Point Village residents work in:
1. Physicians & Surgeons
- Average Salary: $250,000+ per year
- Houston’s medical centers attract top-tier doctors, many of whom live in Piney Point Village.
2. Corporate Executives & Business Owners
- Average Salary: $300,000+ per year
- CEOs, entrepreneurs, and high-net-worth individuals dominate the local business scene.
3. Real Estate Developers & Investors
- Average Salary: Varies, but successful investors can make millions annually
- Many residents buy, sell, or rent out luxury properties in the area.
For more demographic and economic data, visit the U.S. Census Bureau.
Final Thoughts: Is Piney Point Village a Good Place for High Salaries?
Piney Point Village, TX, is one of the wealthiest communities in Texas, where six-figure salaries are common, and luxury living is the norm. Whether you’re an executive, physician, real estate investor, or public adjuster, the earning potential is significant.
Key Takeaways:
✅ High household incomes make this one of Texas’ most affluent cities.
✅ Public adjusting is a lucrative career, especially in high-value real estate markets.
✅ Proximity to Houston provides access to some of the best-paying industries.
✅ The cost of living is high, but salaries in Piney Point Village justify the expense.
For more data on wages and employment trends, check out Texas Workforce Commission or U.S. Bureau of Labor Statistics.
Would you consider living in Piney Point Village for its high salaries, or is the cost of living too steep? Let us know your thoughts!