McLean, TX is a small town located in the Texas Panhandle. It is known for its excellent quality of life and friendly atmosphere. The cost of living in McLean, TX is much lower than the US average; it's 2 bedroom rent is $740 versus $1,430 nationally. On top of that groceries are also more affordable with an index of 87 compared to 100 nationally.
McLean, TX offers plenty of activities and amenities. It has a thriving art scene with galleries like the Randazzo Galleries showcasing local artwork, museums like the McLean Historical Society Museum featuring artifacts from local history, and theaters like Stage West Theatre offering both summer camps and professional performances. Additionally, there are numerous businesses ranging from boutiques to cafes to banks.
McLean has an unemployment rate of 8.7%. The US average is 6.0%.
McLean has seen the job market decrease by -2.5% over the last year. Future job growth over the next ten years is predicted to be 2.5%, which is lower than the US average of 33.5%.
Tax Rates for McLean
- The Sales Tax Rate for McLean is 6.3%. The US average is 7.3%.
- The Income Tax Rate for McLean 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 McLean
- The average income of a McLean resident is $19,533 a year. The US average is $28,555 a year.
- The Median household income of a McLean resident is $50,625 a year. The US average is $69,021 a year.