Clarence, MO is a small town located in Marion County. The cost of living here is very affordable with a 2 bedroom rent price of $760 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Clarence, MO is 91 versus the US average of 100. Some notable companies that are known for this area are Greenfire Farms and Arnold's Auto Parts. Greenfire Farms is a poultry processing company that distributes its fresh chicken products throughout most of Missouri and other surrounding states. Arnold's Auto Parts specializes in supplying parts for those who rebuild or restore classic cars. Both companies have established themselves as reputable businesses within the community and provide jobs as well as economic growth for Clarence, MO.
Clarence has an unemployment rate of 3.7%. The US average is 6.0%.
Clarence has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 23.1%, which is lower than the US average of 33.5%.
Tax Rates for Clarence
- The Sales Tax Rate for Clarence is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Clarence 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 Clarence
- The average income of a Clarence resident is $16,109 a year. The US average is $28,555 a year.
- The Median household income of a Clarence resident is $30,125 a year. The US average is $69,021 a year.