Mertens, TX is a small town located in the northern part of Texas. It has a population of approximately 1,500 people and offers affordable living costs. The average rent for a two-bedroom apartment in Mertens is $870 which is lower than the national average of $1,430. Additionally, the Grocery Cost Index in Mertens is 93 versus 100 in the US which means that grocery items are relatively cheaper than usual. \nThe local economy is supported by various businesses such as Sterling State Bank, Cafe Magnolia and Doctors Mertens Medical Centre. These companies provide essential services to the residents and contribute to keeping Mertens thriving. The community also fosters a healthy local culture with events such as the annual fall festival and car shows hosted around town throughout the year.
Mertens has an unemployment rate of 6.5%. The US average is 6.0%.
Mertens 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 38.1%, which is higher than the US average of 33.5%.
Tax Rates for Mertens
- The Sales Tax Rate for Mertens is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Mertens 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 Mertens
- The average income of a Mertens resident is $14,518 a year. The US average is $28,555 a year.
- The Median household income of a Mertens resident is $55,278 a year. The US average is $69,021 a year.