Merriam Woods, Missouri is a small town, located just outside of Kansas City. It’s the perfect place for those seeking an escape from the hustle and bustle of city life without sacrificing access to essential amenities. The cost of living is relatively low, with 2 bedroom rent coming in at $870 as compared to the US average of $1430. Additionally, grocery costs index at 93 in Merriam Woods, as opposed to 100 in the US on average. There are plenty of local companies to choose from when looking for employment or services such as Economy Heating & Cooling, Hirsch Feed & Supply, and Hagerman Electric Incorporated. With its close proximity to Kansas City and excellent quality of life, Merriam Woods is a great option for people looking for small-town living with big city convenience.
Merriam Woods has an unemployment rate of 9.1%. The US average is 6.0%.
Merriam Woods has seen the job market increase by 1.1% 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 Merriam Woods
- The Sales Tax Rate for Merriam Woods is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Merriam Woods 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 Merriam Woods
- The average income of a Merriam Woods resident is $14,907 a year. The US average is $28,555 a year.
- The Median household income of a Merriam Woods resident is $45,625 a year. The US average is $69,021 a year.