McGregor is a small town situated in Central Texas with a population of around 5,000 people. It has a lower cost of living than the rest of the country, with 2 bedroom rental prices averaging at $1,160 compared to the US average of $1,430. In addition, its Grocery Cost Index is 98 versus 100 for the US.
The town offers citizens numerous amenities such as stores and restaurants like McGregor C Store & Deli and The Rustic Cowboy Cafe & Bakery. Residents can also enjoy recreational activities such as golfing at McGregor Executive Golf Course or fishing in the nearby Lake Waco. With its quiet atmosphere and low cost of living, McGregor is an ideal place to start a family.
McGregor has an unemployment rate of 6.0%. The US average is 6.0%.
McGregor has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 37.3%, which is higher than the US average of 33.5%.
Tax Rates for McGregor
- The Sales Tax Rate for McGregor is 8.3%. The US average is 7.3%.
- The Income Tax Rate for McGregor 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 McGregor
- The average income of a McGregor resident is $17,413 a year. The US average is $28,555 a year.
- The Median household income of a McGregor resident is $53,663 a year. The US average is $69,021 a year.