Mokane, MO Economy


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Mokane, Missouri is located in the heart of the country and offers a quieter lifestyle for those looking to retire or settle down. The average rent for two bedroom homes is around $930 which is significantly lower than the national average of $1,430. Grocery costs are also relatively low with an index of 98 compared to 100 nationally. There are many local companies in Mokane that provide employment opportunities such as Mokane Industries and Hinkle Farms. Shopping options are plentiful with stores like Dollar General, while entertainment attractions like Four Rivers Conservation Area offer plenty of outdoor activities. There is something for everyone in this small Missouri town!

Mokane has an unemployment rate of 3.5%. The US average is 6.0%.

Mokane has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.

Tax Rates for Mokane
- The Sales Tax Rate for Mokane is 5.7%. The US average is 7.3%.
- The Income Tax Rate for Mokane 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 Mokane
- The average income of a Mokane resident is $16,480 a year. The US average is $28,555 a year.
- The Median household income of a Mokane resident is $78,480 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMokane, MissouriUnited States
  3.56
  -1.5%-6.2%
  25.5%33.5%
  5.7%6.2%
  5.4%4.6%
  $22,115$37,638
  $78,480$69,021
  $78,480$85,028
  Population by Occupation
  0.0%1.2%
  1.5%0.5%
  14.6%6.8%
  5.8%10.0%
  1.5%2.5%
  12.4%11.0%
  4.4%4.8%
  27.0%0.8%
  0.0%1.9%
  0.7%4.7%
  2.9%1.9%
  2.9%7.6%
  0.0%0.1%
  2.2%4.2%
  2.9%9.3%
  11.7%14.0%
  0.0%2.1%
  1.5%7.0%
  0.0%4.8%
  8.0%4.7%
Health
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