Barnett, MO is a small city with a population of just under 900 people. It offers affordable living for those looking to move out of major cities. The average two bedroom rent in Barnett is $780 compared to the US average of $1,430, making it very affordable for individuals or families. The grocery cost index in Barnett is also lower than the US, with 97 versus 100 respectively. In terms of local companies, Barnett has a variety of restaurants and stores such as IGA Market & Deli, Family Dollar Store, and Jack's Place Diner offering a wide range of products and services. All these factors combined make Barnett an attractive option for those looking to save some money on their cost of living while still having access to basic amenities.
Barnett has an unemployment rate of 5.3%. The US average is 6.0%.
Barnett has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 20.4%, which is lower than the US average of 33.5%.
Tax Rates for Barnett
- The Sales Tax Rate for Barnett is 5.7%. The US average is 7.3%.
- The Income Tax Rate for Barnett 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 Barnett
- The average income of a Barnett resident is $13,406 a year. The US average is $28,555 a year.
- The Median household income of a Barnett resident is $40,625 a year. The US average is $69,021 a year.