Marshfield, MO is an attractive place to live and work with its affordable rent and cost of living. With a two bedroom rent rate of only $770 compared to the US average of $1,430 it's easy to see why people want to move there. The cost index for groceries in Marshfield is 92 versus 100 for the US, which means that groceries are even more affordable. There are a number of local businesses in Marshfield including McDonalds, Home Depot, Walmart, JCPenny's and many others. People continue to flock to Marshfield both because of the affordability and also due to its close location near major highways. It’s no wonder why Marshfield remains a popular spot for many looking for a place to settle down.
Marshfield has an unemployment rate of 3.5%. The US average is 6.0%.
Marshfield has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 30.8%, which is lower than the US average of 33.5%.
Tax Rates for Marshfield
- The Sales Tax Rate for Marshfield is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Marshfield 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 Marshfield
- The average income of a Marshfield resident is $17,798 a year. The US average is $28,555 a year.
- The Median household income of a Marshfield resident is $57,254 a year. The US average is $69,021 a year.