Smithton, MO is a small town located in Missouri with a wide variety of amenities. The cost of living in Smithton is quite affordable compared to the national average, with an average two bedroom rent being only $800 as opposed to the US average of $1,430. Additionally, the grocery cost index for Smithton is 94 compared to 100 in the US. Smithton offers a welcoming community and a range of local businesses such as Smithton Motors, Smithton Office Supplies and Smithton Grocery Stores. There are also plenty of recreational activities available nearby such as golf courses, parks and lakes that provide excellent views and quality outdoor experiences.
Smithton has an unemployment rate of 5.8%. The US average is 6.0%.
Smithton 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 19.7%, which is lower than the US average of 33.5%.
Tax Rates for Smithton
- The Sales Tax Rate for Smithton is 5.7%. The US average is 7.3%.
- The Income Tax Rate for Smithton 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 Smithton
- The average income of a Smithton resident is $18,621 a year. The US average is $28,555 a year.
- The Median household income of a Smithton resident is $41,691 a year. The US average is $69,021 a year.