Blackwater, MO is a small town located in the northern part of Missouri. It has a population of just under 7,000 people. The cost of living in Blackwater is relatively low compared to other towns its size in the US. For example, the average two-bedroom rent price is $850 versus the US average of $1,430. Additionally, the Grocery Cost Index for Blackwater is 93 versus 100 in the US.
The town offers plenty of local businesses that cater to their residents’ needs such as Blackwater Hardware, Johnson’s Grocery Store and Wilson Plumbing. Despite its small size, there are still plenty of places to go and things to do in this town. There are several parks such as Panther Creek Park where visitors can enjoy fishing or walking trails and community events like movie night at Blackwater City Hall held during summer months. All these factors make living in Blackwater an appealing choice for many people who want to enjoy a peaceful life while staying within budget.
Blackwater has an unemployment rate of 3.8%. The US average is 6.0%.
Blackwater has seen the job market increase by 0.1% 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 Blackwater
- The Sales Tax Rate for Blackwater is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Blackwater 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 Blackwater
- The average income of a Blackwater resident is $14,873 a year. The US average is $28,555 a year.
- The Median household income of a Blackwater resident is $79,286 a year. The US average is $69,021 a year.