Central, MO Economy


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United States / Missouri / No Metro Area / Barton County / Central / Zip Codes
Central, MO is an idyllic small town located in the heart of Missouri. It boasts a friendly atmosphere and a low cost of living compared to other parts of the state. The average two bedroom rental price in Central, MO is only 770 USD which is significantly lower than the nationwide average of 1430 USD. Grocery costs are also relatively inexpensive with a grocery cost index of 93 versus 100 in the US.
Central, MO has many different attractions, ranging from outdoor activities to local businesses. One popular attraction is the Central City Park which offers hiking trails, picnic areas, and even a playground for kids. Locally owned shops and restaurants also offer great options for dining out or shopping. Some local companies worth mentioning include Papa Sam's Diner for homestyle cooking and Withers' Mercantile for antiques and collectibles.

Central has an unemployment rate of 3.4%. The US average is 6.0%.

Central has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 19.3%, which is lower than the US average of 33.5%.

Tax Rates for Central
- The Sales Tax Rate for Central is 7.7%. The US average is 7.3%.
- The Income Tax Rate for Central 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 Central
- The average income of a Central resident is $31,351 a year. The US average is $28,555 a year.
- The Median household income of a Central resident is $50,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCentral, MissouriUnited States
  3.46
  -1.1%-6.2%
  19.3%33.5%
  5.7%6.2%
  5.4%4.6%
  $24,154$37,638
  $50,250$69,021
  $67,833$85,028
  Population by Occupation
  24.2%1.2%
  0.0%0.5%
  4.5%6.8%
  6.1%10.0%
  0.0%2.5%
  13.6%11.0%
  10.6%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  6.1%7.6%
  0.0%0.1%
  0.0%4.2%
  27.3%9.3%
  0.0%14.0%
  7.6%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
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