Clarksdale, MO is an attractive small city in southwestern Missouri. It offers a rich array of cultural and business opportunities, along with a low cost of living. The average two bedroom rent in Clarksdale is just $790 compared to the US average of $1,430. This combined with a grocery cost index of 99 means that Clarksdale residents can stretch their money further than most cities. Local businesses abound in Clarksdale; many locals work at Tyson Foods, Walmart Distribution Center or D&S Community Services to name a few. The cost of living in Clarksdale is much lower than the rest of the country, so it's no wonder that many people are drawn to move here!
Clarksdale has an unemployment rate of 3.4%. The US average is 6.0%.
Clarksdale has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 27.2%, which is lower than the US average of 33.5%.
Tax Rates for Clarksdale
- The Sales Tax Rate for Clarksdale is 5.7%. The US average is 7.3%.
- The Income Tax Rate for Clarksdale 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 Clarksdale
- The average income of a Clarksdale resident is $20,919 a year. The US average is $28,555 a year.
- The Median household income of a Clarksdale resident is $47,750 a year. The US average is $69,021 a year.