Joplin, MO is a city located in the southwestern corner of Missouri that combines small-town charm with big-city amenities. It is home to a number of major companies such as EaglePicher Technologies, Empire District Electric Company, and Midwest Energy Solutions. The cost of living in Joplin is quite affordable compared to much of the United States; for instance, 2 bedroom apartments are typically rented for $840 per month while the US average is around $1,430. Furthermore, grocery costs in Joplin are significantly lower than that of the national average at 95 on the index versus 100.
Joplin has an unemployment rate of 4.0%. The US average is 6.0%.
Joplin 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 24.8%, which is lower than the US average of 33.5%.
Tax Rates for Joplin
- The Sales Tax Rate for Joplin is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Joplin 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 Joplin
- The average income of a Joplin resident is $23,043 a year. The US average is $28,555 a year.
- The Median household income of a Joplin resident is $46,849 a year. The US average is $69,021 a year.