McLennan County, Texas is a great place to live. With an average two-bedroom rent of $1,000 it is much lower than the US average of $1,430. The local cost of groceries in McLennan is also lower than the US average, with an index at 93 instead of 100. The low cost of living makes it very attractive for people looking to move to the area. There are several large companies in McLennan such as Walmart Distribution Center, Sanderson Farms Inc., and Tenet Healthcare Corporation which provide many job opportunities near by. In summary, McLennan County has a lower cost of living compared to the rest of America while still providing ample job opportunities making it an ideal place to call home.
McLennan County has an unemployment rate of 6.0%. The US average is 6.0%.
McLennan County has seen the job market increase by 1.1% 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 McLennan County
- The Sales Tax Rate for McLennan County is 8.0%. The US average is 7.3%.
- The Income Tax Rate for McLennan County 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 McLennan County
- The average income of a McLennan County resident is $21,852 a year. The US average is $28,555 a year.
- The Median household income of a McLennan County resident is $53,723 a year. The US average is $69,021 a year.