Mingus, TX is a charming country town located in Palo Pinto County. It offers an affordable cost of living with two bedroom rental prices at $900, significantly lower than the national average of $1,430. Additionally, grocery costs index in Mingus is 93 compared to 100 in the US. Local businesses range from banks and gas stations to restaurants and retail stores. Popular local companies include Mingus Bank, The Country Store convenience store, Doc's Fishin' Hole restaurant, and Mingus Flooring & Carpet. Whether you are looking for a place to call home or just passing through on vacation, Mingus has something for everyone!
Mingus has an unemployment rate of 7.3%. The US average is 6.0%.
Mingus has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 36.3%, which is higher than the US average of 33.5%.
Tax Rates for Mingus
- The Sales Tax Rate for Mingus is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Mingus 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 Mingus
- The average income of a Mingus resident is $17,224 a year. The US average is $28,555 a year.
- The Median household income of a Mingus resident is $36,058 a year. The US average is $69,021 a year.