Paynesville, MO is a small town with plenty of charm and character. Rent for a two bedroom apartment is much more affordable than the national average, making it an ideal choice for those looking for a budget-friendly place to live. Prices at local grocery stores are also on par with the US average, making it easier to buy what you need without breaking the bank. Paynesville has many local businesses and attractions, such as Main Street Bar & Grill, which serves up delicious burgers and fries, along with Country Junction Flea Market, where you can find great deals on unique items. The nearby lake also provides plenty of recreational activities including boating, fishing, and swimming.
Paynesville has an unemployment rate of 4.0%. The US average is 6.0%.
Paynesville has seen the job market decrease by -2.7% over the last year. Future job growth over the next ten years is predicted to be 14.3%, which is lower than the US average of 33.5%.
Tax Rates for Paynesville
- The Sales Tax Rate for Paynesville is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Paynesville 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 Paynesville
- The average income of a Paynesville resident is $14,063 a year. The US average is $28,555 a year.
- The Median household income of a Paynesville resident is $32,500 a year. The US average is $69,021 a year.