Zip 75147 (Mabank, TX) Economy


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Mabank, TX (zip code 75147) is a great place to live with affordable rent. The average 2 bedroom rent in Mabank is $1,160 compared to the US average of $1,430, making it a great option for renters looking to save money. Additionally, there is an array of local companies and services that provide residents with everything they need on a day-to-day basis. Local stores such as Mabank Supermarket and Piggly Wiggly offer grocery options while pharmacies such as Mabank Pharmacy and Keller Drug Store provide reliable prescription options. Furthermore, with the Grocery Cost Index being 96 in Mabank versus 100 in the US, all of these options are very cost-effective.

Mabank (zip 75147) has an unemployment rate of 6.3%. The US average is 6.0%.

Mabank (zip 75147) 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 (zip 75147)
- The Sales Tax Rate for Mabank (zip 75147) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Mabank (zip 75147) 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 (zip 75147)
- The average income of a Mabank (zip 75147) resident is $19,272 a year. The US average is $28,555 a year.
- The Median household income of a Mabank (zip 75147) resident is $43,274 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMabank, TexasUnited States
  6.36
  -3.5%-6.2%
  49.1%33.5%
  6.3%6.2%
  0.0%4.6%
  $30,054$37,638
  $43,274$69,021
  $48,750$85,028
  Population by Occupation
  0.9%1.2%
  0.7%0.5%
  7.8%6.8%
  10.6%10.0%
  1.1%2.5%
  14.3%11.0%
  10.8%4.8%
  0.6%0.8%
  1.5%1.9%
  6.5%4.7%
  1.6%1.9%
  5.8%7.6%
  0.0%0.1%
  4.4%4.2%
  7.7%9.3%
  17.7%14.0%
  1.2%2.1%
  3.0%7.0%
  1.8%4.8%
  2.1%4.7%
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