Sheldon, Missouri is a vibrant small town located just outside of St. Louis. The cost of living in Sheldon is quite affordable, with a two-bedroom rent being only $800 in comparison to the US average of $1,430. Additionally, the Grocery Cost Index in Sheldon is 90 compared to the US average of 100, making it an even more attractive place to live.
In addition to its affordability, Sheldon also boasts many local businesses that provide jobs for its residents. These include BNSF Railway, First Bank and Trust Company, Jost Chemical Co., and G&M Distributors. With such a wide variety of employers, it's easy to find gainful employment in Sheldon while still enjoying the low cost of living.
Sheldon has an unemployment rate of 3.5%. The US average is 6.0%.
Sheldon has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 20.0%, which is lower than the US average of 33.5%.
Tax Rates for Sheldon
- The Sales Tax Rate for Sheldon is 7.7%. The US average is 7.3%.
- The Income Tax Rate for Sheldon 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 Sheldon
- The average income of a Sheldon resident is $16,307 a year. The US average is $28,555 a year.
- The Median household income of a Sheldon resident is $36,875 a year. The US average is $69,021 a year.