Cedar Hill, MO Economy


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Cedar Hill, MO is a great place to live for those looking for a small town feel with easy access to larger cities. The cost of living in Cedar Hill is lower than the national average with 2 bedroom rent averaging $1,030 per month compared to the US average of $1,430. Groceries are also cheaper in Cedar Hill with an index of 97 versus 100 in the US. \nIt is an excellent place for business owners and entrepreneurs alike with many local companies such as Cedar Hill Macadoodles, K-n-K Hardware and Harp's Discount Pharmacy. With affordable housing prices and grocery costs, it's no wonder why people are moving to Cedar Hill to call it their new home.

Cedar Hill has an unemployment rate of 4.4%. The US average is 6.0%.

Cedar Hill 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 27.7%, which is lower than the US average of 33.5%.

Tax Rates for Cedar Hill
- The Sales Tax Rate for Cedar Hill is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Cedar Hill 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 Cedar Hill
- The average income of a Cedar Hill resident is $18,567 a year. The US average is $28,555 a year.
- The Median household income of a Cedar Hill resident is $67,039 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCedar Hill, MissouriUnited States
  4.46
  -4.8%-6.2%
  27.7%33.5%
  6.9%6.2%
  5.4%4.6%
  $28,848$37,638
  $67,039$69,021
  $58,625$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  6.6%6.8%
  21.4%10.0%
  3.9%2.5%
  16.9%11.0%
  6.3%4.8%
  0.0%0.8%
  2.0%1.9%
  1.0%4.7%
  2.0%1.9%
  1.7%7.6%
  0.0%0.1%
  3.0%4.2%
  1.9%9.3%
  19.3%14.0%
  2.3%2.1%
  2.1%7.0%
  3.2%4.8%
  6.2%4.7%
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