Senath, MO Economy


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Senath, MO is an ideal town for people looking to move somewhere with a lower cost of living. Rent for a two bedroom apartment is only $690 which is much lower than the US average of $1,430. Additionally, the grocery cost index in Senath is 91 versus 100 in the US which further increases the savings potential for residents. The town is home to a variety of local companies such as U-Grow Farms, Elite Home Improvements, and Vines & Branches Florist. With its affordable housing costs and numerous local businesses, Senath, MO provides an excellent opportunity for those looking to save money while still enjoying all of the amenities that come along with living in a small town.

Senath has an unemployment rate of 6.3%. The US average is 6.0%.

Senath has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 7.9%, which is lower than the US average of 33.5%.

Tax Rates for Senath
- The Sales Tax Rate for Senath is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Senath 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 Senath
- The average income of a Senath resident is $14,863 a year. The US average is $28,555 a year.
- The Median household income of a Senath resident is $33,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySenath, MissouriUnited States
  6.36
  -1.2%-6.2%
  7.9%33.5%
  5.7%6.2%
  5.4%4.6%
  $15,971$37,638
  $33,750$69,021
  $39,044$85,028
  Population by Occupation
  22.4%1.2%
  0.0%0.5%
  3.1%6.8%
  20.1%10.0%
  1.5%2.5%
  7.4%11.0%
  5.4%4.8%
  0.6%0.8%
  0.6%1.9%
  3.5%4.7%
  0.0%1.9%
  1.2%7.6%
  0.0%0.1%
  2.9%4.2%
  5.4%9.3%
  15.3%14.0%
  1.2%2.1%
  4.6%7.0%
  1.4%4.8%
  3.5%4.7%
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