Spruce, MO is a small town located in southwest Missouri. It is approximately 45 minutes from Springfield and offers a peaceful setting for families looking to escape the hustle and bustle of city life. The cost of living is low, with 2 bedroom rent being $820 compared to the national average of $1,430. Even food costs are lower than average, as the Grocery Cost Index is 94 in Spruce versus 100 in the US. There are plenty of local companies within the area that offer services such as home repair, landscaping, lawn care, plumbing and heating services. Some popular businesses include Bob's Home Improvement Center, Green Earth Landscaping and Morris Plumbing Solutions.
Spruce has an unemployment rate of 4.3%. The US average is 6.0%.
Spruce 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 28.8%, which is lower than the US average of 33.5%.
Tax Rates for Spruce
- The Sales Tax Rate for Spruce is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Spruce 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 Spruce
- The average income of a Spruce resident is $25,859 a year. The US average is $28,555 a year.
- The Median household income of a Spruce resident is $80,602 a year. The US average is $69,021 a year.