Muleshoe, Texas is a small city located in Bailey County and is known for its wide open spaces and agricultural heritage. It is also an affordable place to live with the average two bedroom rent being $1,200 compared to the US average of $1,430. Groceries are also on the low side as the cost index in Muleshoe is 89 versus 100 in the US. The city offers a good quality of life for those seeking a slower pace of living and some of the local companies include Spikes Bail Bond Company, Ace Hardware & Lumber Co., Pre-K Technologies LLC, Muleshoe Veterinary Clinic Inc., and Bailey County Electric Cooperative.
Muleshoe has an unemployment rate of 5.6%. The US average is 6.0%.
Muleshoe has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 13.2%, which is lower than the US average of 33.5%.
Tax Rates for Muleshoe
- The Sales Tax Rate for Muleshoe is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Muleshoe 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 Muleshoe
- The average income of a Muleshoe resident is $17,325 a year. The US average is $28,555 a year.
- The Median household income of a Muleshoe resident is $64,655 a year. The US average is $69,021 a year.