Advance, MO is a small town located in the Midwest. It has a population of under 1,000 people and is known for its low cost of living. The average two bedroom rent is $860, significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index in Advance is 93 versus 100 in the US. Popular attractions include Catron Park and Little Creek Golf Course. The town also boasts several local businesses such as Advance Motors and Farmington Floral & Gifts. Advance is a great place for those looking for an affordable lifestyle with plenty of activities to enjoy.
Advance has an unemployment rate of 4.7%. The US average is 6.0%.
Advance has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 21.1%, which is lower than the US average of 33.5%.
Tax Rates for Advance
- The Sales Tax Rate for Advance is 5.4%. The US average is 7.3%.
- The Income Tax Rate for Advance 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 Advance
- The average income of a Advance resident is $19,341 a year. The US average is $28,555 a year.
- The Median household income of a Advance resident is $48,672 a year. The US average is $69,021 a year.