Branson, MO is a vibrant and thriving city situated on the edge of the Ozarks. Swimming in natural beauty, Branson is home to numerous attractions including Silver Dollar City, an amusement park with rollercoasters, and Table Rock Lake, a popular spot for boating and fishing. With 2 bedroom rent at just $860 per month, Branson is an incredibly affordable place to live. Grocery costs in Branson are also very competitive compared to nationwide averages – the Grocery Cost Index in Branson is 96 versus 100 in the US.
The local economy is driven by tourism but there are many other companies operating out of Branson too. Notable companies like Bass Pro Shops Outdoors have their headquarters here thanks to the convenient access to nature and outdoor recreation opportunities that make Branson so popular with tourists. Other notable companies with operations in Branson include The Convention Center, Top of the Rock Golf Course, Herschend Family Entertainment Corporation and Big Cedar Lodge. All these businesses benefit from being part of a vibrant community that offers excellent amenities for residents while providing unique attractions for visitors from around the world.
Branson has an unemployment rate of 9.1%. The US average is 6.0%.
Branson has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 30.8%, which is lower than the US average of 33.5%.
Tax Rates for Branson
- The Sales Tax Rate for Branson is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Branson 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 Branson
- The average income of a Branson resident is $22,196 a year. The US average is $28,555 a year.
- The Median household income of a Branson resident is $45,669 a year. The US average is $69,021 a year.