Spickard, MO is a small town located in Putnam County with a population of approximately 500 people. It has a quaint feel and offers residents the opportunity to enjoy outdoor activities like hiking at nearby state parks. The cost of living is relatively low in Spickard with rental costs for a two bedroom apartment running about $600 per month, compared to the national average of $1,430. Additionally, grocery costs are more affordable than average, at 92 on the Grocery Cost Index versus 100 in the US.
The town's economy is serviced by several local and family-owned businesses such as Spickard Pharmacy, Crossroads Pizza & Pub, and J&J Welding & Fabrication. These companies offer valuable services to the community while creating job opportunities and helping to sustain the local economy. Overall, Spickard provides its residents with affordable rentals prices and lower-than-average grocery costs making it an attractive place to live or visit!
Spickard has an unemployment rate of 3.4%. The US average is 6.0%.
Spickard has seen the job market decrease by -3.0% over the last year. Future job growth over the next ten years is predicted to be 12.7%, which is lower than the US average of 33.5%.
Tax Rates for Spickard
- The Sales Tax Rate for Spickard is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Spickard 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 Spickard
- The average income of a Spickard resident is $12,766 a year. The US average is $28,555 a year.
- The Median household income of a Spickard resident is $22,875 a year. The US average is $69,021 a year.