78055 Medina, TX is a small town located in the Bandera County of Texas. With a population of only 1,000 people according to the 2019 Census, this area has remained largely unaffected by changes in population size. The median 2 bedroom rent for 80855 Medina, TX is only $860 compared to the US median of $1,430 making it an affordable option for those looking for a place to call their own. The Grocery Cost Index in this area is also lower than the national average at 93 versus 100. Local businesses include Lone Star Tack & Feed, Bush Self Storage, and Johnny’s Bar-B-Q & Catering. For more information about these local establishments and others visit https://cityofmedina.org/.
Medina (zip 78055) has an unemployment rate of 5.8%. The US average is 6.0%.
Medina (zip 78055) has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 39.4%, which is higher than the US average of 33.5%.
Tax Rates for Medina (zip 78055)
- The Sales Tax Rate for Medina (zip 78055) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Medina (zip 78055) 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 Medina (zip 78055)
- The average income of a Medina (zip 78055) resident is $32,471 a year. The US average is $37,638 a year.
- The Median household income of a Medina (zip 78055) resident is $61,566 a year. The US average is $69,021 a year.