Mercedes, Texas (78570) is a small city located in Hidalgo County. It has a population of 14,739 people according to the 2010 census. The cost of living is relatively low compared to other cities in the US; the average price for a two bedroom apartment is $840 per month, and the Grocery Cost Index is 89 versus 100 in the US. Mercedes is a great place to live with lots of local businesses and amenities. Local companies include Valley Quality Care Pharmacy, La India Restaurant, Valle Verde Tire Shop, Gutierrez Supermarket, and Diana's Beauty Salon. In terms of amenities Mercedes has multiple parks, such as Senior Citizens Park and Lions Park where residents can enjoy outdoor activities. There are also several churches including St Peter's Catholic Church and Jesus Name Pentecostal Church for those looking for places of worship.
Mercedes (zip 78570) has an unemployment rate of 11.2%. The US average is 6.0%.
Mercedes (zip 78570) has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 32.2%, which is lower than the US average of 33.5%.
Tax Rates for Mercedes (zip 78570)
- The Sales Tax Rate for Mercedes (zip 78570) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Mercedes (zip 78570) 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 Mercedes (zip 78570)
- The average income of a Mercedes (zip 78570) resident is $15,943 a year. The US average is $37,638 a year.
- The Median household income of a Mercedes (zip 78570) resident is $34,651 a year. The US average is $69,021 a year.