Raytown, MO is a great place to live for those looking for affordable rent and groceries. It has an average 2 Bedroom Rent of $1,090 which is well below the US average at $1,430. Groceries in Raytown are also quite affordable with a cost index of 95 versus 100 in the US. The city has many local businesses that make it ideal for those seeking to settle down. Some notable companies include Pizza Shoppe, Minsky's Pizza, and Munchies Burgers & Fries; all providing delicious options for dining out. There are also several shops like GameStop and Ross Dress For Less offering entertainment and fashion items respectively - giving residents plenty of options when it comes to leisure activities. All in all, Raytown is an excellent choice for living with its competitive prices and locally owned businesses making it an attractive location for many.
Raytown has an unemployment rate of 6.0%. The US average is 6.0%.
Raytown has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 27.3%, which is lower than the US average of 33.5%.
Tax Rates for Raytown
- The Sales Tax Rate for Raytown is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Raytown is 5.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Raytown
- The average income of a Raytown resident is $23,506 a year. The US average is $28,555 a year.
- The Median household income of a Raytown resident is $59,049 a year. The US average is $69,021 a year.