Jackson, MO Economy


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Jackson, MO is an ideal city for those looking for a more affordable lifestyle. The 2 bedroom rental rate is much lower than the national average at $950 versus $1,430 per month. Grocery costs are also quite a bit lower than the national average index of 100 at 98. These low costs make Jackson a great place to save money while still enjoying all that it has to offer.
If you're looking for a place to rent in Jackson, some great local companies to contact include Rent Solutions, CitiRent Properties, and Jackson Realty Group. Each of these companies can provide helpful advice on finding the perfect property for your needs in this growing city.
Compared to other cities, Jackson offers exceptional affordability with its low rental rates and cost of living index. Though there may be some variation depending on which city you're comparing it with, many places simply cannot beat what Jackson has to offer in terms of affordability and convenience.

Jackson has an unemployment rate of 3.7%. The US average is 6.0%.

Jackson has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 27.7%, which is lower than the US average of 33.5%.

Tax Rates for Jackson
- The Sales Tax Rate for Jackson is 7.2%. The US average is 7.3%.
- The Income Tax Rate for Jackson 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 Jackson
- The average income of a Jackson resident is $23,743 a year. The US average is $28,555 a year.
- The Median household income of a Jackson resident is $70,179 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyJackson, MissouriUnited States
  3.76
  -3.2%-6.2%
  27.7%33.5%
  7.7%6.2%
  5.4%4.6%
  $31,831$37,638
  $70,179$69,021
  $79,326$85,028
  Population by Occupation
  0.9%1.2%
  0.4%0.5%
  4.1%6.8%
  11.8%10.0%
  4.6%2.5%
  12.0%11.0%
  2.7%4.8%
  0.7%0.8%
  0.9%1.9%
  2.9%4.7%
  1.7%1.9%
  3.6%7.6%
  0.2%0.1%
  1.4%4.2%
  13.3%9.3%
  20.5%14.0%
  2.2%2.1%
  4.6%7.0%
  5.6%4.8%
  5.8%4.7%
Reviews for Jackson
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Over 9 years ago

I started elementary school in Jackson, Missouri, and although I lived elsewhere during my life, I must say that Jackson is a very nice place to live. While nearby Cape  More

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