Neelyville, MO is a small town located in the Ozark region of Missouri. It has a population of around 1,700 people and is known for its friendly atmosphere. The cost of living in Neelyville is relatively low when compared to the US average; for example, two bedroom rent in Neelyville is only $660 per month versus an average of $1,430 nationwide. Grocery costs are also affordable with an index of 90 versus 100 in the US.
The economy in Neelyville relies on small businesses such as Murrell’s Grocery Store, High Ridge Gun Shop and Hardware, and Village Pawn Shop & Antiques all located downtown. There is also a local bank that services the area called Community Bank of the Ozarks. Due to its low cost of living and access to local services, Neelyville makes for an attractive area to live in or visit.
Neelyville has an unemployment rate of 5.3%. The US average is 6.0%.
Neelyville has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 14.9%, which is lower than the US average of 33.5%.
Tax Rates for Neelyville
- The Sales Tax Rate for Neelyville is 5.2%. The US average is 7.3%.
- The Income Tax Rate for Neelyville 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 Neelyville
- The average income of a Neelyville resident is $13,227 a year. The US average is $28,555 a year.
- The Median household income of a Neelyville resident is $18,750 a year. The US average is $69,021 a year.