Gunn City, MO is a small city located in the Central region of the United States. It is situated close to major cities such as St. Louis and Columbia. Gunn City is an excellent place for those looking for an affordable living option as 2 bedroom rent averages just $920 compared to the US average of $1,430. The Grocery Cost Index in Gunn City is 97 versus 100 in the US. The cost of groceries and other daily necessities is also lower than many other places in the country.
Gunn City is home to several major companies including Walmart, Target, Lowe’s Home Improvement Warehouse and Lufkin Industries. In addition to these large corporate employers, there are numerous small businesses and entrepreneurs operating within city limits creating economic opportunities for residents.
Gunn City has an unemployment rate of 3.8%. The US average is 6.0%.
Gunn City 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 Gunn City
- The Sales Tax Rate for Gunn City is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Gunn 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 Gunn City
- The average income of a Gunn City resident is $14,056 a year. The US average is $28,555 a year.
- The Median household income of a Gunn City resident is $31,500 a year. The US average is $69,021 a year.