Reeds Spring, MO Economy


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Reeds Spring, MO is a small town in Stone County located in the heart of the Ozarks. It's a great place to live with plenty of options for affordable housing, as evidenced by an average 2 bedroom rent of only $930 compared to the US average of $1,430. Additionally, the Grocery Cost Index stands at 99 versus 100 in the US, providing food costs that are even more affordable than elsewhere. Reeds Spring is home to a number of local businesses including Stone County Electric Cooperative and Valley Mill Winery & Brewery. The area also offers many family-friendly activities such as Silver Dollar City amusement park and nearby Table Rock Lake.

Reeds Spring has an unemployment rate of 8.1%. The US average is 6.0%.

Reeds Spring has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 31.2%, which is lower than the US average of 33.5%.

Tax Rates for Reeds Spring
- The Sales Tax Rate for Reeds Spring is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Reeds Spring 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 Reeds Spring
- The average income of a Reeds Spring resident is $14,728 a year. The US average is $28,555 a year.
- The Median household income of a Reeds Spring resident is $43,529 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyReeds Spring, MissouriUnited States
  8.16
  -10.1%-6.2%
  31.2%33.5%
  6.5%6.2%
  5.4%4.6%
  $20,425$37,638
  $43,529$69,021
  $49,722$85,028
  Population by Occupation
  1.8%1.2%
  0.0%0.5%
  10.4%6.8%
  3.4%10.0%
  0.5%2.5%
  12.2%11.0%
  1.3%4.8%
  0.0%0.8%
  0.9%1.9%
  0.5%4.7%
  2.5%1.9%
  7.0%7.6%
  0.0%0.1%
  9.3%4.2%
  7.5%9.3%
  5.9%14.0%
  10.2%2.1%
  12.2%7.0%
  6.4%4.8%
  8.1%4.7%
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