Mikes, TX is a small city located in the Lone Star State that offers its residents plenty of opportunities for employment, recreation, and more. Residents of Mikes can enjoy the convenience and affordability of local businesses such as Wal-Mart Supercenter, Lowe's Home Improvement, Tractor Supply Co., and H-E-B Grocery Store. The cost of living in Mikes is quite affordable with 2 bedroom rent averaging at $860 compared to the US average which stands at $1,430. Food costs are also quite low with a Grocery Cost Index of 89 as opposed to 100 in the US. Overall, Mikes provides an accessible and affordable atmosphere for its citizens making it a great place to live.
Mikes has an unemployment rate of 18.4%. The US average is 6.0%.
Mikes has seen the job market decrease by -4.0% over the last year. Future job growth over the next ten years is predicted to be 21.5%, which is lower than the US average of 33.5%.
Tax Rates for Mikes
- The Sales Tax Rate for Mikes is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Mikes 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 Mikes
- The average income of a Mikes resident is $15,212 a year. The US average is $37,638 a year.
- The Median household income of a Mikes resident is $0 a year. The US average is $69,021 a year.