Mexia, TX is a small town located in Limestone County with a population of around 8,500 people. It is known for its warm atmosphere and rich history. There are many local businesses such as Dailey Insurance Agency, Mexia Auto Parts Inc., and DRT Property Solutions that provide quality services to the citizens of Mexia. In terms of housing expenses, it is quite affordable compared to other cities in the United States. The average 2 bedroom rent in Mexia is only $870 whereas the US 2 bedroom rent averages at $1,430 making it much more affordable. Furthermore, the grocery cost index in Mexia is 94 versus 100 in the US which further proves that living expenses are much lower than in other cities across America.
Mexia has an unemployment rate of 7.7%. The US average is 6.0%.
Mexia has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 14.8%, which is lower than the US average of 33.5%.
Tax Rates for Mexia
- The Sales Tax Rate for Mexia is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Mexia 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 Mexia
- The average income of a Mexia resident is $16,750 a year. The US average is $28,555 a year.
- The Median household income of a Mexia resident is $34,541 a year. The US average is $69,021 a year.