Phillipsburg, MO is a charming small town located in Southwest Missouri. It is home to many local businesses and restaurants such as Papa Joe's Pizza and Phillipsburg BBQ & Brew. The cost of living in Phillipsburg is relatively low compared to the national average. Rent for a two-bedroom apartment is about $770 compared to the national average of $1,430. Additionally, the Grocery Cost Index in Phillipsburg is 94 whereas it is 100 nationally. Overall, Phillipsburg provides a great quality of life with its low cost of living and friendly locals.
Phillipsburg has an unemployment rate of 4.7%. The US average is 6.0%.
Phillipsburg has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 34.2%, which is higher than the US average of 33.5%.
Tax Rates for Phillipsburg
- The Sales Tax Rate for Phillipsburg is 5.4%. The US average is 7.3%.
- The Income Tax Rate for Phillipsburg 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 Phillipsburg
- The average income of a Phillipsburg resident is $14,828 a year. The US average is $28,555 a year.
- The Median household income of a Phillipsburg resident is $33,056 a year. The US average is $69,021 a year.