Parkway, MO is a great place to live for those looking for an affordable lifestyle. The average two bedroom rent in Parkway is $860 which is significantly lower than the US rate of $1,430. Additionally, the Grocery Cost Index in Parkway is 93 versus 100 in the US making groceries more affordable. This small city has many large companies such as Boeing and Edward Jones that offer local jobs and excellent benefits. There are also countless local businesses like Straight Street Pizza serving up delicious cuisine and shopping destinations like Westland Plaza offering a variety of shops to explore.
Parkway has an unemployment rate of 4.3%. The US average is 6.0%.
Parkway has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 28.5%, which is lower than the US average of 33.5%.
Tax Rates for Parkway
- The Sales Tax Rate for Parkway is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Parkway 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 Parkway
- The average income of a Parkway resident is $23,377 a year. The US average is $28,555 a year.
- The Median household income of a Parkway resident is $55,577 a year. The US average is $69,021 a year.