Ozark, MO is a vibrant city located in the heart of Missouri's Ozarks region. This city offers its residents a great quality of life with plenty of outdoor activities, local attractions, and entertainment options. Not only that but Ozark also boasts some of the most affordable housing costs in the US - 2 bedroom rent is $940 versus $1,430 nationally. Furthermore, the cost of living is very low as evidenced by the grocery cost index which stands at 98 versus 100 for the US on average.
Ozark has several large employers such as Walmart Distribution Center, Wise Health System, Bemis Manufacturing Co., and Fisher-Price to name a few. Additionally, you can find many small businesses throughout Ozark that contribute to its economy and provide employment opportunities for its citizens. All in all, Ozark is an excellent place to live with low housing and grocery costs which make it an attractive option for those looking for affordable living options.
Ozark has an unemployment rate of 3.4%. The US average is 6.0%.
Ozark 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 Ozark
- The Sales Tax Rate for Ozark is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Ozark 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 Ozark
- The average income of a Ozark resident is $24,384 a year. The US average is $28,555 a year.
- The Median household income of a Ozark resident is $62,169 a year. The US average is $69,021 a year.