Walnut, MO is an interesting community with a diverse population of around 500 residents. It is a great place to live, with the cost of rent for a two bedroom home at $760, which is much lower than the US average of $1,430. Groceries here are also more affordable, as the Grocery Cost Index in Walnut is 93 versus 100 in the US. Residents are served by local businesses like Walmart and Dollar General, as well as restaurants such as McDonald's and Burger King. The area has plenty to offer its residents, making it an attractive choice for any who are looking for an affordable place to live.
Walnut has an unemployment rate of 4.3%. The US average is 6.0%.
Walnut 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 Walnut
- The Sales Tax Rate for Walnut is 5.2%. The US average is 7.3%.
- The Income Tax Rate for Walnut 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 Walnut
- The average income of a Walnut resident is $20,500 a year. The US average is $28,555 a year.
- The Median household income of a Walnut resident is $54,464 a year. The US average is $69,021 a year.