Bourbon, MO is a small but vibrant town located in St. Clair County. The cost of living is quite reasonable compared to the US average; two bedroom rent stands at $830 and the grocery cost index is 96 as opposed to 100 in the US. The city offers plenty of local companies such as Blue Tag Supply, Bourbon Electric Co-op, and Diversified Metal Fabricators that provide residents with quality goods and services. People here enjoy a strong sense of community and take part in activities such as flea markets and parades throughout the year.
Bourbon has an unemployment rate of 5.3%. The US average is 6.0%.
Bourbon has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 22.8%, which is lower than the US average of 33.5%.
Tax Rates for Bourbon
- The Sales Tax Rate for Bourbon is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Bourbon 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 Bourbon
- The average income of a Bourbon resident is $23,333 a year. The US average is $37,638 a year.
- The Median household income of a Bourbon resident is $49,911 a year. The US average is $69,021 a year.