Cost of Living in McGregor, TX

Population 5,608 · Texas · Data vintage 2023

61
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

McGregor is a smaller Texas community of around 6000 residents, where median household incomes of $60,889 and housing costs ($146,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. At 9.9%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

McGregor sits roughly 15 miles southwest of Waco — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 27% lower than Waco's $200,000.

Cost Overview

Housing 48
Rent 81

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in McGregor

The median home value in McGregor is $146,000 — 52% below the national median of $305,000. Median rent runs $1,059/month, 19% lower than the national median of $1,314/month. The median household income of $60,889/year is 18% lower than the US median of $74,580. The local unemployment rate is 9.9%, above the national average of 4.8%. Texas charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 78.6°F and lows of 55.6°F. Overall, McGregor has a cost of living index of 61 versus the US average of 100, meaning it is 39% less expensive.

🏠 Housing

Median Home Value
$146,000
52% below avg
Median Rent
$1,059/mo
19% below avg
Price-to-Rent Ratio
11.5x
Favors buying
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$766
1 BR
$811
2 BR
$981
3 BR
$1,307
4 BR
$1,509
Owner-occupied 63.8%
Renter-occupied 36.2%

💰 Estimated Monthly Budget

Rent median rent
$1,059
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,673/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
20.7 min
23% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.9%

Commute Mode

Drove alone
67.3%
Carpooled
22.1%
Walked
1.7%
Work from home
8.9%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 8.2%
State rate 6.3%
Avg local rate 1.9%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$60,889
18% below avg
Per Capita Income
$27,247
Unemployment Rate
9.9%
106% above avg
Poverty Rate
16.5%
Labor Force Participation
65.0%

🎓 Education

Bachelor's degree+ 10.0%
Graduate degree 3.3%

👥 Demographics

Median Age 31.7
Male median age 26.5
Female median age 40.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
78.6°F
Avg Low
55.6°F
Annual Precip
36.4"
Annual Snowfall
0.7"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 596370788593979791816960
Low °F 364047556371747467564638
Precip" 2.592.683.313.304.443.351.822.052.874.412.712.87
Snow" 0.00.40.10.10.00.00.00.00.00.00.10.0

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 52 — Moderate
46.3%
Good air days/yr
129
Max AQI recorded
238
PM2.5 days
123
Ozone days

Frequently Asked Questions

What is the cost of living in McGregor, TX?

McGregor has a cost index of 61 (100 = national average). It is 39% below the national average.

What is average rent in McGregor, TX?

The median gross rent in McGregor is $1,059 per month based on 2023 Census data.

What is the average home price in McGregor?

The median home value in McGregor is $146,000 according to 2023 Census ACS data.

What is the median income in McGregor?

The median household income in McGregor is $60,889 per year (2023 ACS 5-year estimates).

What is the sales tax in McGregor, TX?

The combined state and local sales tax rate in McGregor is 8.2%. Texas has no state income tax.

Is McGregor, TX affordable?

Yes, McGregor is generally considered affordable, with a cost of living index of 61 — about 39% below the US national average of 100.

What is the weather like in McGregor?

McGregor has average high temperatures of 78.6°F and average lows of 55.6°F. Annual precipitation is 36.4". Average annual snowfall is 0.7". Data from NOAA 1991–2020 Climate Normals.

McGregor at a Glance

Population
5,608
Median Income
$60,889
Home Value
$146,000
Median Rent
$1,059/mo
Unemployment
9.9%
Avg High Temp
78.6°F
Sales Tax
8.2%
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