Axtell, TX is a small town located in McLennan County with a population of 766. It has an average 2 bedroom rent rate of $940 and Grocery Cost Index of 95 which is lower than the US average. The cost of living index for Axtell, TX is 81, which is much lower than the national average. This makes Axtell an affordable place to live. Local businesses in the area include Magnolia Mortgage Company and H&P Pump Services, both of which are well-known in the community. With such low costs of living compared to many other places in the country, Axtell offers a great option for those looking for an affordable place to call home.
Axtell (zip 76624) has an unemployment rate of 6.0%. The US average is 6.0%.
Axtell (zip 76624) has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 37.3%, which is higher than the US average of 33.5%.
Tax Rates for Axtell (zip 76624)
- The Sales Tax Rate for Axtell (zip 76624) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Axtell (zip 76624) is 0.0%. The US average is 4.6%.
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Income and Salaries for Axtell (zip 76624)
- The average income of a Axtell (zip 76624) resident is $31,574 a year. The US average is $37,638 a year.
- The Median household income of a Axtell (zip 76624) resident is $67,972 a year. The US average is $69,021 a year.