Kearney, MO is a small but thriving community located in Clay County. It is known for its low rent prices, with residents paying around $1,280 per month for two bedroom apartments, which is less than the US average of $1,430 per month. Additionally, grocery costs are lower in Kearney than in the rest of the United States with an index of 101 compared to 100. There are many local businesses that contribute to the economy here such as Smith Construction and Builders Supply Co., Thalmann Farms Inc., and Kearney Insurance Agency. These companies provide important services and goods to Kearney residents.
Kearney has an unemployment rate of 4.2%. The US average is 6.0%.
Kearney 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 33.8%, which is higher than the US average of 33.5%.
Tax Rates for Kearney
- The Sales Tax Rate for Kearney is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Kearney 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 Kearney
- The average income of a Kearney resident is $27,308 a year. The US average is $28,555 a year.
- The Median household income of a Kearney resident is $92,462 a year. The US average is $69,021 a year.