Munday, TX is a small town located in northern Texas with an affordable cost of living. According to the data provided, the average two bedroom rent in Munday is $960 which is significantly less than the US 2 bedroom rent of $1,430. Additionally, the Grocery Cost Index in Munday is 88 versus 100 for the US as a whole. This makes it a great place to live for those looking to save money without sacrificing quality. There are many local businesses in Munday with notable ones being Jack’s Barbecue, Trinity Raceway Park, and The Millers Bakery. These companies offer locals services and amenities that add to the quality of life enjoyed by all members of the community.
Munday has an unemployment rate of 6.0%. The US average is 6.0%.
Munday 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 1.8%, which is lower than the US average of 33.5%.
Tax Rates for Munday
- The Sales Tax Rate for Munday is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Munday 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 Munday
- The average income of a Munday resident is $16,418 a year. The US average is $28,555 a year.
- The Median household income of a Munday resident is $54,595 a year. The US average is $69,021 a year.