Blackburn, MO Economy


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Blackburn, MO is a small town located in the state of Missouri. It is known for its quiet atmosphere and friendly locals. The average 2 bedroom rent in Blackburn, MO is $890, which is quite affordable compared to the US average of $1,430. This makes it a great option for those looking for cost-effective housing solutions. Furthermore, the Grocery Cost Index in Blackburn, MO is 95 versus 100 in the US so groceries here are relatively cheaper than other places.
There are plenty of local companies that provide services to the community of Blackburn. Some popular establishments include Grits & Gravy Restaurant, Caboose Market & Café, and the Blackburn Bottle Shop. These locally owned businesses offer unique products and services that are appreciated by the townspeople.
In comparison to nearby cities or states, Blackburn has a reasonably low cost of living due to lower rental prices and grocery costs. Overall it is an ideal place for those seeking a peaceful environment with more affordable expenses than larger cities can provide.

Blackburn has an unemployment rate of 3.4%. The US average is 6.0%.

Blackburn has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 17.1%, which is lower than the US average of 33.5%.

Tax Rates for Blackburn
- The Sales Tax Rate for Blackburn is 5.7%. The US average is 7.3%.
- The Income Tax Rate for Blackburn 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 Blackburn
- The average income of a Blackburn resident is $21,053 a year. The US average is $28,555 a year.
- The Median household income of a Blackburn resident is $50,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBlackburn, MissouriUnited States
  3.46
  -1.6%-6.2%
  17.1%33.5%
  6.2%6.2%
  5.4%4.6%
  $29,682$37,638
  $50,500$69,021
  $91,875$85,028
  Population by Occupation
  6.7%1.2%
  0.0%0.5%
  2.9%6.8%
  19.0%10.0%
  0.0%2.5%
  17.1%11.0%
  2.9%4.8%
  0.0%0.8%
  1.0%1.9%
  11.4%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  1.9%4.2%
  9.5%9.3%
  12.4%14.0%
  1.9%2.1%
  2.9%7.0%
  3.8%4.8%
  6.7%4.7%
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