Arcadia, MO is a small city located in the heart of the Midwest. It is known for its low cost of living and friendly community. The average two bedroom rent in Arcadia is $770, which is much lower than the U.S. average rent of $1430. Additionally, the Grocery Cost Index in Arcadia is 95 compared to 100 in other parts of the US.
The city of Arcadia has several local companies that contribute to its economy including Myer's Automotive Repair Shop, JT Angus Farm & Feed Store, and The Original Pizza Company. Additionally, there are plenty of outdoor activities for residents to enjoy at nearby Lakeland Park and Wagon Trail State Park.
Arcadia has an unemployment rate of 6.2%. The US average is 6.0%.
Arcadia has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 5.1%, which is lower than the US average of 33.5%.
Tax Rates for Arcadia
- The Sales Tax Rate for Arcadia is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Arcadia 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 Arcadia
- The average income of a Arcadia resident is $31,060 a year. The US average is $28,555 a year.
- The Median household income of a Arcadia resident is $41,875 a year. The US average is $69,021 a year.