Mabank, TX is located in the heart of Texas. It has a rich history and is home to many local businesses and attractions. Popular attractions include Cedar Creek Lake which offers water sports, fishing, and camping opportunities as well as the Mabank City Hall which houses artifacts from the city’s past. In terms of business opportunities, Mabank boasts a variety of stores such as Zaxby's restaurant, Walmart Supercenter and Brookshire's Grocery Store. On top of this, 2 bedroom rent in Mabank stands at $1,140 while the US average sits at $1430. Furthermore, the cost index for grocery items in Mabank is 96 versus 100 in the US. These factors make Mabank an attractive destination for families or individuals looking to relocate or spend their holidays.
Mabank has an unemployment rate of 6.3%. The US average is 6.0%.
Mabank has seen the job market increase by 3.2% over the last year. Future job growth over the next ten years is predicted to be 49.1%, which is higher than the US average of 33.5%.
Tax Rates for Mabank
- The Sales Tax Rate for Mabank is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Mabank is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Mabank
- The average income of a Mabank resident is $19,560 a year. The US average is $28,555 a year.
- The Median household income of a Mabank resident is $45,091 a year. The US average is $69,021 a year.