Gerald, MO Economy


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Gerald, MO is a great place to live for those looking for affordability. Average rent for two bedrooms in Gerald is $870 compared to the US average of $1,430, representing a savings of almost 40%. Additionally, the Grocery Cost Index for Gerald is 96 which means groceries are 4% cheaper than the national average. There are many businesses based in Gerald including Furrow's Pharmacy, Dierberg's Supermarket and Hoehne Hardware Store. Local amenities include multiple parks and recreation centers as well as various athletic activities such as baseball and basketball leagues. With its low cost of living and vast array of local amenities available, Gerald is an ideal place to live.

Gerald has an unemployment rate of 4.3%. The US average is 6.0%.

Gerald has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 28.5%, which is lower than the US average of 33.5%.

Tax Rates for Gerald
- The Sales Tax Rate for Gerald is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Gerald 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 Gerald
- The average income of a Gerald resident is $17,332 a year. The US average is $28,555 a year.
- The Median household income of a Gerald resident is $49,886 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGerald, MissouriUnited States
  4.36
  -4.7%-6.2%
  28.5%33.5%
  7.0%6.2%
  5.4%4.6%
  $27,664$37,638
  $49,886$69,021
  $53,021$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  7.3%6.8%
  34.9%10.0%
  0.6%2.5%
  9.6%11.0%
  7.5%4.8%
  0.8%0.8%
  2.1%1.9%
  5.2%4.7%
  0.2%1.9%
  1.4%7.6%
  0.0%0.1%
  1.4%4.2%
  6.3%9.3%
  16.0%14.0%
  1.2%2.1%
  2.1%7.0%
  3.0%4.8%
  0.0%4.7%
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