Washburn, MO is a small town located in Southwest Missouri. It is home to several local businesses including Washburn Grocery, B&J Auto Repair, and Washburn Realty. The cost of living in Washburn is quite low with rent averaging at just $720 per month for a two bedroom apartment compared to the national average of $1,430 per month. Furthermore, the grocery cost index in Washburn is 94 compared to the US which has a cost index of 100 - making it slightly more affordable than other areas. All in all, Washburn is an economical option for those looking for budget-friendly housing options and everyday necessities.
Washburn has an unemployment rate of 5.0%. The US average is 6.0%.
Washburn has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 33.5%, which is lower than the US average of 33.5%.
Tax Rates for Washburn
- The Sales Tax Rate for Washburn is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Washburn 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 Washburn
- The average income of a Washburn resident is $19,330 a year. The US average is $28,555 a year.
- The Median household income of a Washburn resident is $53,403 a year. The US average is $69,021 a year.