Calhoun, MO Economy


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United States / Missouri / No Metro Area / Henry County / Calhoun / Zip Codes
Calhoun, MO is a small city located in Northwest Missouri. It is known for its low cost of living and has a population of about 1,000 people. The average two bedroom rent in Calhoun is $760 per month, which is almost half the national average, making it an attractive place to live. Additionally, the grocery cost index in Calhoun is 94 compared to 100 nationally. There are many local companies located in Calhoun which include the post office, a grocery store, a museum, and several restaurants. All of these businesses contribute to the local economy and make Calhoun an enjoyable place to call home.

Calhoun has an unemployment rate of 4.3%. The US average is 6.0%.

Calhoun has seen the job market decrease by -2.4% over the last year. Future job growth over the next ten years is predicted to be 17.5%, which is lower than the US average of 33.5%.

Tax Rates for Calhoun
- The Sales Tax Rate for Calhoun is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Calhoun 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 Calhoun
- The average income of a Calhoun resident is $20,215 a year. The US average is $37,638 a year.
- The Median household income of a Calhoun resident is $33,438 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCalhoun, MissouriUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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