Mildred, TX Economy


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Mildred, TX is a small town located in the Lone Star State. It offers considerable savings on rent for two-bedroom homes compared to the national average of $1,430 per month; the rent for a two-bedroom home in Mildred is $820. The cost of living index in Mildred is 102, which is slightly higher than the nationwide index of 100. Despite its small size, Mildred has plenty to offer locals and visitors alike. Local companies include banks such as First Financial Bank and retailers such as J&J Grocery Store & Deli. Additionally, there are numerous attractions to explore such as Tyler State Park and Old Town Spring Market Days. With its low rent costs and array of local businesses and attractions, Mildred offers an attractive option for individuals looking to live or visit the area.

Mildred has an unemployment rate of 6.9%. The US average is 6.0%.

Mildred has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 26.3%, which is lower than the US average of 33.5%.

Tax Rates for Mildred
- The Sales Tax Rate for Mildred is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Mildred 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 Mildred
- The average income of a Mildred resident is $31,218 a year. The US average is $28,555 a year.
- The Median household income of a Mildred resident is $72,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMildred, TexasUnited States
  6.96
  -6.3%-6.2%
  26.3%33.5%
  6.8%6.2%
  0.0%4.6%
  $27,028$37,638
  $72,500$69,021
  $86,250$85,028
  Population by Occupation
  0.6%1.2%
  3.2%0.5%
  9.7%6.8%
  7.8%10.0%
  0.6%2.5%
  15.6%11.0%
  3.2%4.8%
  5.2%0.8%
  0.0%1.9%
  2.6%4.7%
  1.9%1.9%
  2.6%7.6%
  0.0%0.1%
  0.0%4.2%
  9.7%9.3%
  21.4%14.0%
  1.3%2.1%
  3.2%7.0%
  9.7%4.8%
  1.3%4.7%
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