Mitchell County, TX Economy


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United States / Texas / No Metro Area / Mitchell County / Cities / Zip Codes
Mitchell County is a rural area located in Central Texas. It has a small population of around 8,000 people. The housing costs are very reasonable compared to the US average with two bedroom rent being $830 compared to $1,430 nationally. Grocery cost index is also lower than the national average of 100, it stands at 88 in Mitchell County. The county has many businesses located there including Foss Electric Supply Co., Rick's RV Repair, Mike's Automotive Service and Repair, and Mitchell IGA Grocery Store. Overall Mitchell County provides an affordable and comfortable lifestyle for those looking for a quieter area to live in Texas.

Mitchell County has an unemployment rate of 8.8%. The US average is 6.0%.

Mitchell County has seen the job market decrease by -2.5% over the last year. Future job growth over the next ten years is predicted to be 2.2%, which is lower than the US average of 33.5%.

Tax Rates for Mitchell County
- The Sales Tax Rate for Mitchell County is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Mitchell 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 Mitchell County
- The average income of a Mitchell County resident is $21,765 a year. The US average is $37,638 a year.
- The Median household income of a Mitchell County resident is $50,144 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMitchell, TexasUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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