Zip 75778 (Murchison, TX) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
The small town of Murchison, TX (zip code 75778) is known for its beautiful scenery and affordable living costs. Renting a two-bedroom apartment in this area averages around $890 per month, which is considerably lower than the national average of $1,430. Grocery costs are also lower in the area, with an index score of 95 in comparison to 100 in the US. This makes it easier for families to find affordable options when shopping for food. Local restaurants and supermarkets like Murchison Market, Prater's Grocery & Deli, and Hill Country Fresh serve up delicious offerings at budget-friendly prices.

Murchison (zip 75778) has an unemployment rate of 6.5%. The US average is 6.0%.

Murchison (zip 75778) has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 38.0%, which is higher than the US average of 33.5%.

Tax Rates for Murchison (zip 75778)
- The Sales Tax Rate for Murchison (zip 75778) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Murchison (zip 75778) 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 Murchison (zip 75778)
- The average income of a Murchison (zip 75778) resident is $21,664 a year. The US average is $28,555 a year.
- The Median household income of a Murchison (zip 75778) resident is $41,111 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMurchison, TexasUnited States
  6.56
  -1.7%-6.2%
  38.0%33.5%
  6.3%6.2%
  0.0%4.6%
  $37,895$37,638
  $41,111$69,021
  $61,989$85,028
  Population by Occupation
  2.5%1.2%
  0.4%0.5%
  3.3%6.8%
  18.3%10.0%
  3.9%2.5%
  13.0%11.0%
  9.5%4.8%
  0.5%0.8%
  0.0%1.9%
  1.9%4.7%
  0.0%1.9%
  12.7%7.6%
  0.0%0.1%
  0.0%4.2%
  9.0%9.3%
  17.3%14.0%
  0.0%2.1%
  3.2%7.0%
  2.0%4.8%
  2.5%4.7%
Health