Skidmore, MO is a small town located close to the Midwest. It offers affordable living, with two bedroom rent at $780 compared to the US average of $1,430. Furthermore, it has low grocery cost index in comparison to the US national average. Skidmore has seen a steady economic growth over the years and is home to several local companies such as Mid-America Ag Services, LLC., Skidmore Pest Control Solutions and The Peoples Bank of Skidmore. Residents enjoy the small-town atmosphere and access to quality education with the local school district providing excellent development opportunities for young students.
Skidmore has an unemployment rate of 2.9%. The US average is 6.0%.
Skidmore has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 17.4%, which is lower than the US average of 33.5%.
Tax Rates for Skidmore
- The Sales Tax Rate for Skidmore is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Skidmore 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 Skidmore
- The average income of a Skidmore resident is $16,400 a year. The US average is $28,555 a year.
- The Median household income of a Skidmore resident is $41,250 a year. The US average is $69,021 a year.