Arkoe, MO Economy


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Arkoe, MO is a small city located in Missouri. It offers affordable housing with an average 2 bedroom rent of $820 per month compared to the US average of $1,430. The cost of living also tends to be cheaper in Arkoe with a Grocery Cost Index of 96 versus 100 in the US. There are many businesses that call Arkoe home such as Taylor Supply Company, Rockin' S Motorcycles, and Northwood Manufacturing. As well as numerous attractions that you can enjoy such as the Arktoe Family Park which features picnic tables, playgrounds, and walking trails; or you can visit the nearby Lake Oren which is great for swimming and fishing.

Arkoe has an unemployment rate of 2.9%. The US average is 6.0%.

Arkoe has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 17.4%, which is lower than the US average of 33.5%.

Tax Rates for Arkoe
- The Sales Tax Rate for Arkoe is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Arkoe 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 Arkoe
- The average income of a Arkoe resident is $14,027 a year. The US average is $28,555 a year.
- The Median household income of a Arkoe resident is $73,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyArkoe, MissouriUnited States
  2.96
  -1.9%-6.2%
  17.4%33.5%
  6.2%6.2%
  5.4%4.6%
  $27,270$37,638
  $73,125$69,021
  $73,750$85,028
  Population by Occupation
  0.0%1.2%
  6.1%0.5%
  21.2%6.8%
  9.1%10.0%
  3.0%2.5%
  3.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  3.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  6.1%4.2%
  3.0%9.3%
  24.2%14.0%
  0.0%2.1%
  6.1%7.0%
  9.1%4.8%
  6.1%4.7%
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