Mart, TX is a small town located in Central Texas. It has a population of about 2,844 people and is known for its low cost of living. The average cost of rent for a two-bedroom apartment in Mart is $910, while the average 2 bedroom rent across the US is $1,430. In terms of grocery costs, Mart's index score is 89 compared to 100 in the US. \nThe town's economy consists mainly of local businesses such as La Tazza Café and Bar which serves delicious Italian food and fine wines; Don's Automotive Repair providing reliable auto repair services; and Baisch Feed & Supply helping farmers get what they need for their farm animals. Other local businesses include C&L Cabinets offering custom cabinetry; Hallmark Printing offering printing services; and M&D Auto Parts selling quality auto parts at competitive prices. These businesses form an important part of Mart's economy by providing residents with goods, services, and employment opportunities.
Mart has an unemployment rate of 6.0%. The US average is 6.0%.
Mart has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 37.3%, which is higher than the US average of 33.5%.
Tax Rates for Mart
- The Sales Tax Rate for Mart is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Mart 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 Mart
- The average income of a Mart resident is $19,514 a year. The US average is $37,638 a year.
- The Median household income of a Mart resident is $49,904 a year. The US average is $69,021 a year.