Mount Vernon, MO is a great place to live. With a two bedroom rent at only $730, it is much more affordable than the national average of $1,430. Additionally, grocery cost index in Mount Vernon is 95 versus 100 in the US which makes it an even more attractive place to call home. The local economy is booming with companies such as Mount Vernon Machine Company, Springfield Tire & Auto Service and Goodman-Kinder Veterinary Clinic providing ample employment opportunities for locals. Residents also have plenty of things to do in the area including exploring the Wonderscope Children's Museum of Kansas City or enjoying a night out at Uncle Bucks Comedy Club.
Mount Vernon has an unemployment rate of 5.1%. The US average is 6.0%.
Mount Vernon has seen the job market increase by 0.7% 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 Mount Vernon
- The Sales Tax Rate for Mount Vernon is 5.9%. The US average is 7.3%.
- The Income Tax Rate for Mount Vernon 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 Mount Vernon
- The average income of a Mount Vernon resident is $17,674 a year. The US average is $28,555 a year.
- The Median household income of a Mount Vernon resident is $38,400 a year. The US average is $69,021 a year.