Bee Branch, MO is a small town in Missouri that offers a much lower cost of living than the rest of the United States. The average 2 Bedroom rental is only $730 per month which is less than half of what it would cost for rent nationwide. Additionally, the Grocery Cost Index in Bee Branch is 93 compared to 100 nationally. This savings on groceries also helps keep the cost of living low.
The town's economy consists primarily of local businesses such as Bee Branch Home & Garden and Bee Branch Furniture Supply. These stores offer quality products at competitive prices, helping community members save even more while shopping for home essentials. In addition to these stores, Bee Branch boasts several restaurants including The Family Place Diner where you can get breakfast starting at just $4 or the award-winning Mama's Kitchen with homemade meals for around $7 apiece. With all these options available, it's no wonder why many people choose to live in Bee Branch and enjoy its lower cost of living.
Bee Branch has an unemployment rate of 3.6%. The US average is 6.0%.
Bee Branch has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 22.6%, which is lower than the US average of 33.5%.
Tax Rates for Bee Branch
- The Sales Tax Rate for Bee Branch is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Bee Branch 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 Bee Branch
- The average income of a Bee Branch resident is $22,882 a year. The US average is $28,555 a year.
- The Median household income of a Bee Branch resident is $67,660 a year. The US average is $69,021 a year.