Melvin, TX (zip code 76858) is a small town in San Saba County in Central Texas. It has an estimated population of 442 people and offers a quiet, rural lifestyle with easy access to larger cities like Abilene, Austin, and Dallas. The average 2-bedroom rent in Melvin is $820 which is significantly lower than the national average of $1,430. The grocery cost index in Melvin is 86, slightly lower than the national average of 100.
The town offers plenty of opportunities for outdoor activities such as fishing, camping, and hiking along nearby rivers and lakes. There are also several local businesses that serve the community such as Creekside Café & Grocery Store where you can buy groceries and enjoy lunch or dinner; Buffalo Creek BBQ Shack where you can enjoy a slow smoked plate of brisket or ribs; and San Saba Pecan Company where you can buy freshly harvested pecans.
Melvin (zip 76858) has an unemployment rate of 7.7%. The US average is 6.0%.
Melvin (zip 76858) has seen the job market decrease by -8.5% over the last year. Future job growth over the next ten years is predicted to be 17.6%, which is lower than the US average of 33.5%.
Tax Rates for Melvin (zip 76858)
- The Sales Tax Rate for Melvin (zip 76858) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Melvin (zip 76858) 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 Melvin (zip 76858)
- The average income of a Melvin (zip 76858) resident is $27,588 a year. The US average is $37,638 a year.
- The Median household income of a Melvin (zip 76858) resident is $51,875 a year. The US average is $69,021 a year.