Paris, MO is a charming small town located in the northeast Missouri region. It is home to around 8,000 residents, making it a tight knit and supportive community. This city offers many activities for visitors and locals alike, such as horseback riding, canoeing along the Mississippi River, and an array of outdoor activities. Paris is also known for its affordable cost of living. The average rent for a two-bedroom apartment in Paris is just $720 compared to the national rate of $1,430. Additionally, groceries can be purchased at a lower cost index of 93 than the US index of 100. Some notable businesses located in the area include Grace Manufacturing Company Inc., Tyson Foods Inc., and Teal’s Supermarket. All these factors make Paris an attractive place to live or visit!
Paris has an unemployment rate of 4.9%. The US average is 6.0%.
Paris has seen the job market decrease by -2.8% over the last year. Future job growth over the next ten years is predicted to be 10.0%, which is lower than the US average of 33.5%.
Tax Rates for Paris
- The Sales Tax Rate for Paris is 5.7%. The US average is 7.3%.
- The Income Tax Rate for Paris 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 Paris
- The average income of a Paris resident is $18,409 a year. The US average is $28,555 a year.
- The Median household income of a Paris resident is $50,625 a year. The US average is $69,021 a year.