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McGregor: Economy & Jobs

Median household income in McGregor is $72,750 (1.1× higher than McLennan County median $66,643; 1.1× below Texas median $78,476), with homes at a median value of $221,700. The surrounding county supports 14,956 jobs (avg $53,333).

Income & Affordability

Median household income $72,750 — near the Texas median ($70,518). Poverty rate 12.8% (U.S. average ~12.5%).

Affordability · Price To Income Ratio3.0×
Affordability · Rent To Income Pct19.7%
Affordability · AffordableYes
Affordability · Interpretationaffordable
Irs Income · IRS tax returns filed$30,800
Irs Income · Total Adjusted Gross Income (thousands)$1,771,501
Irs Income · Average AGI per return$57,516 (vs Texas $91,104)
Irs Income · Year2022
Income Estimate$69,384
Median Household Income$72,750 (vs Texas $70,518)
Poverty Rate12.8%

Sources: IRS SOI 2022 · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Economic Character

Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.

Economic Character · Workforcemixed
Economic Character · Top IndustryManufacturing
Economic Character · Income Levelmiddle-class
Economic Character · Median Income$72,750

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 5.0% — above the U.S. average of ~4%. 14% work from home (U.S. average ~15%).

Commuter Profile · Work From Home Pct13.7%
Commuter Profile · Primary Modedrove alone
Employment · Avg annual employment (county)14,956
Employment · Total annual wages (county)$797,628,212
Employment · Average annual pay$53,333
Employment · Year2024
State Occupation Wages · Year2023
State Occupation Wages · All Occupations · Soc Code00-0000
State Occupation Wages · All Occupations · TitleAll Occupations
State Occupation Wages · All Occupations · Employment13,557,950
Unemployment Rate5.0% (vs Texas 3.4%)

Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Industry Sectors

Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.

Agriculture · Total Farms5
Agriculture · Land In Farms Acres39,564
Agriculture · Avg Farm Size Acres7,912.80
Agriculture · Top CommoditiesAnimal Totals, Cattle, Crop Totals, Grain, Corn
Agriculture · Year2022
Business Patterns · Establishments (employer count)789
Business Patterns · Total Employees9,590
Business Patterns · Annual Payroll Thousands340,870
Business Patterns · Year2022

Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match

Local Business Mix

Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.

Local Businesses · Convenience Stores12
Local Businesses · Liquor Stores4
Local Businesses · Gas Stations17
Local Businesses · General Merchandise12
Local Businesses · Clothing Stores4
Local Businesses · Electronics Stores4
Local Businesses · Used Car Dealers3
Local Businesses · Beauty Salons9

Sources: Census CBP — NAICS detail codes

Dining Scene

Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.

Dining Scene · Full Service Restaurants31
Dining Scene · Fast Food41
Dining Scene · Coffee Snacks9

Sources: Census CBP NAICS 722

Banking

FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.

Branches (6)

First National Bank Texas
COVE BRANCH - RC 221 · 210 Constitution Dr · 76522
The First National Bank of Evant
The First National Bank of Evant · 115 N Memory Ln · 76525
Extraco Banks, National Association
COPPERAS COVE BRANCH · 1003 E Business 190 · 76522
The Huntington National Bank
GATESVILLE BRANCH · 905 E Main St · 76528
First Texas Bank
EAST HIGHWAY BRANCH · 90 East Highway 190 · 76522
First National Bank of Central Texas
GATESVILLE BRANCH · 2908 E Main · 76528

SNAP & Food Access

USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.

Sample (5)

Brookshire Brothers 68
Super Store · 1250 E McGregor Dr
CEFCO 33
Convenience Store · 602 W McGregor Dr
Nicho's Meat Market
Other · 1020 W Mcgregor Dr
Kent Kwik 610
Convenience Store · 27401 W Highway 84
Dollar General 22175
Other · 1000 S Main St
Nearest Snap · NameBrookshire Brothers 68
Nearest Snap · Total In Area7

Sources: USDA SNAP API — state+city name match

Chamber of Commerce

IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.

Chamber Of Commerce · NameMCCGEGOR CHAMBER OF COMMERCE AND AGRICULTURE

Sources: IRS EO BMF  ·  Refreshed 2026-04-12

Spending & Tax

Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).

Federal Spending · Federal Spending Fy2024$781,261,933
Federal Spending · Per Capita9,402.26 (vs Texas $5,671)
Federal Spending · Population83,093 people (vs Texas 143,570)

Sources: USAspending API

Other

Job Training · Total count1
Pct Drove Alone69.4%
Pct Walked13.7%
Retirement Score · Median age31.1 years (vs Texas 34.5y)
Retirement Score · Ss Household Pct25.5%
Retirement Score · Hospitals Nearby1
Retirement Score · Va AccessYes
Retirement Score · AffordableYes
Retirement Score · Factorshospital access, VA nearby, affordable
Retirement Score · Ratinggood

Sources: IRS BMF keyword search · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12