Castle Point, MO is a small town located in southwestern Missouri with an estimated population of around 500 people. The cost of living here is relatively low compared to other major cities and towns across the US. The average rent for a two bedroom apartment here is only $950 per month, while the national average is $1,430. Additionally, grocery costs in Castle Point are much lower than most places too, with an index score of 91 versus 100 in the US.
The town has plenty of local businesses to choose from, including K&D Variety Store, The Plantation Restaurant & Bar, and John's Supply Company. All three businesses have been around for many years and offer quality products at competitive prices. You can find all types of items from food products to home improvement supplies at these local stores.
Overall, Castle Point, MO is a great place to live due to its low cost of living and abundance of local businesses. Residents enjoy having access to basic necessities without breaking the bank or needing to drive far away for them.
Castle Point has an unemployment rate of 4.5%. The US average is 6.0%.
Castle Point 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 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Castle Point
- The Sales Tax Rate for Castle Point is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Castle Point 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 Castle Point
- The average income of a Castle Point resident is $11,814 a year. The US average is $28,555 a year.
- The Median household income of a Castle Point resident is $35,028 a year. The US average is $69,021 a year.