Oak Grove, MO Economy


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Oak Grove, MO is a great place to live with affordable rent and prices. With notably lower rent than the average US price of $1,430 for 2 bedroom apartments, Oak Grove is a budget-friendly option for anyone looking to rent. Grocery costs are also lower than the average US index of 100 at 96 points.
Oak Grove is located in Jackson County and is close to Kansas City, making it an ideal location for those who work in the city but want to enjoy the peace and quiet of a small town. Tourists will enjoy visiting local spots like the Fleur de Lis Garden Center and Miller’s Natural Foods & Deli as well as nearby attractions such as Powell Gardens and Worlds of Fun amusement park.

Oak Grove has an unemployment rate of 5.2%. The US average is 6.0%.

Oak Grove has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.

Tax Rates for Oak Grove
- The Sales Tax Rate for Oak Grove is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Oak Grove 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 Oak Grove
- The average income of a Oak Grove resident is $21,023 a year. The US average is $28,555 a year.
- The Median household income of a Oak Grove resident is $66,923 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOak Grove, MissouriUnited States
  5.26
  -3.8%-6.2%
  30.7%33.5%
  8.6%6.2%
  5.4%4.6%
  $27,433$37,638
  $66,923$69,021
  $81,630$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  13.8%6.8%
  7.7%10.0%
  2.0%2.5%
  10.7%11.0%
  6.2%4.8%
  0.4%0.8%
  0.6%1.9%
  4.2%4.7%
  0.8%1.9%
  8.5%7.6%
  0.0%0.1%
  3.0%4.2%
  4.7%9.3%
  11.5%14.0%
  1.9%2.1%
  9.2%7.0%
  5.0%4.8%
  9.6%4.7%
Reviews for Oak Grove
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Over 18 years ago

Oak Grove is a great place to live. The crime is very low and our children have a safer place to  More

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