Callao, MO is a small town located in the northeastern region of the state. With a population of just over 1,000 people and an affordable cost of living, it is a great place for young families to establish their roots. The average two bedroom rent is $730 compared to the national average of $1,430 which makes it an ideal choice for those looking to save money. Additionally, grocery costs are 91 compared to the US index of 100.
The small town atmosphere makes Callao, MO a great place to explore local attractions such as Callaway Nature Park where visitors can take part in boating or fishing activities. For entertainment options, locals can catch a show at the Callaway Community Theatre or explore nearby museum and art galleries. There are also many local companies that provide employment opportunities such as Yoder Lumber Co., S&M Trucking Inc., and Ramey Agri Services LLC.
Callao has an unemployment rate of 3.9%. The US average is 6.0%.
Callao has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 28.4%, which is lower than the US average of 33.5%.
Tax Rates for Callao
- The Sales Tax Rate for Callao is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Callao 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 Callao
- The average income of a Callao resident is $9,083 a year. The US average is $28,555 a year.
- The Median household income of a Callao resident is $29,750 a year. The US average is $69,021 a year.