Megargel, TX is a small town located in Archer County. It is known for its affordable cost of living with the average two-bedroom rental coming in at just $860 compared to the US national average of $1,430. This is also reflected in the grocery cost index which is 87 versus 100 in the US. As such, Megargel is an attractive option for those looking to stretch their budget. The town has plenty of amenities as well as local businesses and attractions. Popular companies include K&B Lumber Co., Longhorn Cafe & Grill, and J&J's Grocery Store. There are several nearby attractions like Fossil Rim Wildlife Center and Dinosaur Valley State Park that make great day trips for locals and tourists alike. Megargel also has a number of parks, walking trails, libraries and other recreational facilities that offer plenty of opportunities to get outdoors or simply relax.
Megargel has an unemployment rate of 5.4%. The US average is 6.0%.
Megargel has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 28.1%, which is lower than the US average of 33.5%.
Tax Rates for Megargel
- The Sales Tax Rate for Megargel is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Megargel 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 Megargel
- The average income of a Megargel resident is $21,790 a year. The US average is $28,555 a year.
- The Median household income of a Megargel resident is $60,417 a year. The US average is $69,021 a year.