Castor, MO is a small town located in Stoddard County. It has many local businesses such as Castor Hardware, C&K Grocery, and Main Street Diner. The cost of living in Castor is quite affordable when compared to the US on average. For example, rent for a two bedroom apartment is only $720 compared to an average of $1430 in the US. Additionally, the grocery cost index here is 92 while it averages 100 nationally. Thus, anyone looking for a more affordable place to live should consider this small town in Missouri.
Castor has an unemployment rate of 4.7%. The US average is 6.0%.
Castor 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 Castor
- The Sales Tax Rate for Castor is 5.4%. The US average is 7.3%.
- The Income Tax Rate for Castor 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 Castor
- The average income of a Castor resident is $20,231 a year. The US average is $28,555 a year.
- The Median household income of a Castor resident is $45,556 a year. The US average is $69,021 a year.