Shell Knob, MO is a small town located in the beautiful Ozark Mountains. The town has strong roots in agriculture and fishing since it’s situated next to the crystal-clear Table Rock Lake. The cost of living is relatively low compared to the US average, as evidenced by rent prices which are around $700 for a 2 bedroom apartment and grocery cost index which is 98 compared to 100 in the US. The community of Shell Knob boasts a few local companies such as Smith's Funeral Home, Fawn Valley Inn and Dobbins Creek Golf Course that contribute to its economic growth. Local attractions include Table Rock Lake for fishing, swimming, boating and camping; Abi's Place for shopping; Shepherd of the Hills Hatchery for trout fishing; and Top of the Rock Golf Course for those who enjoy golfing.
Shell Knob has an unemployment rate of 5.0%. The US average is 6.0%.
Shell Knob has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 33.5%, which is lower than the US average of 33.5%.
Tax Rates for Shell Knob
- The Sales Tax Rate for Shell Knob is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Shell Knob 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 Shell Knob
- The average income of a Shell Knob resident is $22,135 a year. The US average is $28,555 a year.
- The Median household income of a Shell Knob resident is $49,688 a year. The US average is $69,021 a year.