Matagorda, TX is a charming town located on the shores of the Gulf of Mexico. It's a popular destination for beachgoers and outdoor enthusiasts alike. The small town has a population of just under 1,000 people and is home to several locally owned businesses such as Matagorda Marine Supply, Matagorda County Chamber of Commerce, and Fishing Guide Services. In addition to these local companies, there are also national chain stores located in the area such as Walmart, Home Depot, Walgreens, and Subway. The cost of living in Matagorda is relatively low compared to the rest of the United States with 2 bedroom rent costing $880 per month versus $1,430 nationally. Additionally, the grocery cost index in Matagorda is 99 compared to 100 in the US. All in all, Matagorda is an affordable place to call home with access to plenty of amenities.
Matagorda has an unemployment rate of 9.9%. The US average is 6.0%.
Matagorda has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 21.0%, which is lower than the US average of 33.5%.
Tax Rates for Matagorda
- The Sales Tax Rate for Matagorda is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Matagorda 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 Matagorda
- The average income of a Matagorda resident is $19,449 a year. The US average is $28,555 a year.
- The Median household income of a Matagorda resident is $26,641 a year. The US average is $69,021 a year.