Linneus, MO is a small town with a population of around 3,000 people. It is located in Linn County situated on the western edge of Missouri and is home to several local businesses such as Linneus Hardware Store, Linneus Family Diner, and J&C Automotive. The cost of living in Linneus is much lower than the US average – for example two bedroom rent in Linneus is $730 while it is $1,430 across the entire country. Similarly, grocery costs are 93 compared to 100 in the US. This makes Linneus an attractive place to live for those who want affordable housing and basic amenities without breaking their budget.
Linneus has an unemployment rate of 7.0%. The US average is 6.0%.
Linneus has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 20.7%, which is lower than the US average of 33.5%.
Tax Rates for Linneus
- The Sales Tax Rate for Linneus is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Linneus 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 Linneus
- The average income of a Linneus resident is $19,229 a year. The US average is $28,555 a year.
- The Median household income of a Linneus resident is $46,250 a year. The US average is $69,021 a year.