Gilman City, MO is a small town with about 2,000 inhabitants. It offers an attractive cost of living due to affordable rent prices and low grocery costs. The average two bedroom rent in Gilman City is $730 per month compared to the national average of $1,430. Additionally, the Grocery Cost Index in this city is 92 compared to the national average of 100.
Local businesses are limited but there are several that provide necessary services for citizens. A few local companies include Gilman Hardware Store which provides home improvement supplies and tools; Main Street Cafe which serves classic American cuisine; and Windy Lane Books & Music which offers great deals on used media. There are also a few beauty salons, auto repair shops, and specialty stores in the area that add to the vibrant atmosphere of Dane County’s largest city.
Gilman City has an unemployment rate of 3.3%. The US average is 6.0%.
Gilman City has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 18.1%, which is lower than the US average of 33.5%.
Tax Rates for Gilman City
- The Sales Tax Rate for Gilman City is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Gilman City 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 Gilman City
- The average income of a Gilman City resident is $24,848 a year. The US average is $28,555 a year.
- The Median household income of a Gilman City resident is $43,750 a year. The US average is $69,021 a year.