Freeman, Missouri is a small town located in the Ozark Plateau region. It is a peaceful place to live with plenty of natural beauty and affordable living costs. The average two bedroom rent in Freeman is $1,010 which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Freeman is 98 which is much lower than the US index of 100. There are several local companies in Freeman that have been helping to shape the community for years including Freeman Electric Company, L&L Painting & Construction, and Miller’s Automotive Repair. All three companies provide quality services around town and contribute greatly to the growth of Freeman’s economy.
Freeman has an unemployment rate of 3.8%. The US average is 6.0%.
Freeman has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 33.0%, which is lower than the US average of 33.5%.
Tax Rates for Freeman
- The Sales Tax Rate for Freeman is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Freeman 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 Freeman
- The average income of a Freeman resident is $23,296 a year. The US average is $28,555 a year.
- The Median household income of a Freeman resident is $72,734 a year. The US average is $69,021 a year.