Baker, Missouri is a small town located in the Ozarks region of southwest Missouri. It is an ideal place for those who are looking for affordable housing, as two bedroom rent in Baker, MO is $740 whereas the US average is $1,430. Additionally, Baker offers a lower cost of living than other areas with a Grocery Cost Index of 94 compared to the US average of 100. The local economy provides plenty of employment opportunities at companies such as Robinson Industries and Anderson OCHS Trucking Services. Other major employers in town include Main Street Family Pharmacy and Smithtown Supermarket. With its low cost of living and vibrant local economy, Baker, MO is a great place to live and work.
Baker has an unemployment rate of 7.0%. The US average is 6.0%.
Baker has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 20.7%, which is lower than the US average of 33.5%.
Tax Rates for Baker
- The Sales Tax Rate for Baker is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Baker 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 Baker
- The average income of a Baker resident is $20,346 a year. The US average is $28,555 a year.
- The Median household income of a Baker resident is $80,313 a year. The US average is $69,021 a year.