Rea, MO is a small rural town with a population of around 800 people. It is known for its low rent costs, as two-bedroom apartments go for only $800 per month. The grocery cost index in Rea is also very low when compared to the US average, coming in at 98 versus 100. The area has some great local businesses to explore, such as the Rea Country Store and Anderson Auto Parts. Other popular destinations include the local farmers market and Shelly's Diner, where you can get some of the best fried chicken in the state.
Rea has an unemployment rate of 3.2%. The US average is 6.0%.
Rea has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.
Tax Rates for Rea
- The Sales Tax Rate for Rea is 5.9%. The US average is 7.3%.
- The Income Tax Rate for Rea 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 Rea
- The average income of a Rea resident is $19,276 a year. The US average is $28,555 a year.
- The Median household income of a Rea resident is $53,750 a year. The US average is $69,021 a year.