McDade, TX Economy


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McDade, TX is an interesting and affordable city to live in. It has a 2 Bedroom rent of $1,320 which is much lower than the US average of $1,430. Furthermore its Grocery Cost Index is 92 versus 100 in the US which makes groceries more affordable. With its low cost of living and ample opportunities for employment, McDade is an attractive option for those looking to settle down. Local companies in McDade include Dozers Inc., McDade Towing Service, Texas State Bank and S&W Construction Company. These businesses provide job opportunities for people in the area and contribute to the local economy.

McDade has an unemployment rate of 5.7%. The US average is 6.0%.

McDade has seen the job market increase by 3.4% over the last year. Future job growth over the next ten years is predicted to be 47.2%, which is higher than the US average of 33.5%.

Tax Rates for McDade
- The Sales Tax Rate for McDade is 6.8%. The US average is 7.3%.
- The Income Tax Rate for McDade 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 McDade
- The average income of a McDade resident is $22,392 a year. The US average is $28,555 a year.
- The Median household income of a McDade resident is $43,646 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMcDade, TexasUnited States
  5.76
  -3.3%-6.2%
  47.2%33.5%
  6.8%6.2%
  0.0%4.6%
  $19,502$37,638
  $43,646$69,021
Family Median Income 85028
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