Sikeston, MO is a thriving town located in Stoddard County. It has a cost of living that is lower than the national average; for example, rent for two bedrooms is $850 per month in Sikeston compared to $1,430 US-wide. Additionally, the Grocery Cost Index in Sikeston is 93 versus 100 in the US. The town’s economy is supported by several industries including agricultural production and manufacturing. Agriculture accounts for 32 percent of all jobs within the city and many local companies are involved in the sector such as Schmieder Seed Company, S&S Processing Inc., J & L Beef LLC and Kelley Produce Co. There are also some great attractions in Sikeston such as Bootheel Golf Club which offers an 18 hole championship golf course or Miner’s Lake Park which offers swimming and fishing areas along with a playground and walking trails.
Sikeston has an unemployment rate of 4.1%. The US average is 6.0%.
Sikeston has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.
Tax Rates for Sikeston
- The Sales Tax Rate for Sikeston is 8.2%. The US average is 7.3%.
- The Income Tax Rate for Sikeston 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 Sikeston
- The average income of a Sikeston resident is $21,094 a year. The US average is $28,555 a year.
- The Median household income of a Sikeston resident is $46,029 a year. The US average is $69,021 a year.