Ozora, MO is a small town located in the southwestern corner of Missouri. It is known for its laid-back atmosphere and charming main street. The cost of living in Ozora is relatively low when compared to other parts of Missouri. Rent for a two bedroom apartment is $770 per month, while the US average is $1,430. Groceries also cost less here, with an index of 95 versus 100 nationally.
The local economy in Ozora centers around agriculture and small businesses. There are many family-run farms and ranches located near the town, as well as small stores and restaurants on Main Street that bring life to the community. Popular locally owned businesses include Ozora Feed & Supply Store, Baskin’s Bakery, and Jim’s Automotive Repair Shop.
Ozora has an unemployment rate of 3.6%. The US average is 6.0%.
Ozora has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 28.2%, which is lower than the US average of 33.5%.
Tax Rates for Ozora
- The Sales Tax Rate for Ozora is 7.2%. The US average is 7.3%.
- The Income Tax Rate for Ozora 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 Ozora
- The average income of a Ozora resident is $20,135 a year. The US average is $28,555 a year.
- The Median household income of a Ozora resident is $27,500 a year. The US average is $69,021 a year.