Zip 76463 (Mingus, TX) Economy


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76463 Mingus, TX is a small town located in Palo Pinto County. It has an estimated population of just over 500 people and offers a quiet, rural atmosphere to its residents. The cost of a two-bedroom rental in this area is $950, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in 76463 Mingus is 93 versus 100 nationwide. Local businesses such as Mingus Feed Store, Mingus Country Store & Cafe, and Stoney's BBQ are popular in the area for their quality goods and services. There are also several local restaurants including D&B Snack Shack and Belly Buster Burgers. Other amenities include the Palo Pinto County Library and various outdoor recreation opportunities at Possum Kingdom Lake State Park or Lake Mineral Wells State Park & Trailway.

Mingus (zip 76463) has an unemployment rate of 7.3%. The US average is 6.0%.

Mingus (zip 76463) has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 36.3%, which is higher than the US average of 33.5%.

Tax Rates for Mingus (zip 76463)
- The Sales Tax Rate for Mingus (zip 76463) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Mingus (zip 76463) 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 Mingus (zip 76463)
- The average income of a Mingus (zip 76463) resident is $21,861 a year. The US average is $28,555 a year.
- The Median household income of a Mingus (zip 76463) resident is $46,944 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMingus, TexasUnited States
  7.36
  -6.1%-6.2%
  36.3%33.5%
  6.8%6.2%
  0.0%4.6%
  $30,626$37,638
  $46,944$69,021
  $75,938$85,028
  Population by Occupation
  5.9%1.2%
  3.7%0.5%
  5.1%6.8%
  8.5%10.0%
  0.0%2.5%
  8.8%11.0%
  14.3%4.8%
  0.0%0.8%
  0.0%1.9%
  1.5%4.7%
  0.0%1.9%
  2.6%7.6%
  0.0%0.1%
  8.8%4.2%
  3.7%9.3%
  24.6%14.0%
  1.1%2.1%
  8.5%7.0%
  1.5%4.8%
  1.5%4.7%
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