Caruthersville, MO is a small town in the United States with an affordable cost of living. According to recent data, the 2 bedroom rent is $740, which is significantly lower than the US average of $1,430. The grocery cost index in Caruthersville, MO is 93 compared to 100 in the US, making it ideal for those wanting to save money on groceries. There are many local businesses in Caruthersville such as Big O's Country Store and Ace Hardware & Rental Center that serve the community and provide quality products. Moreover, there are restaurants like The Lodge at LaGrange and Fast Stop Convenience Store that offer delicious food options for residents.
Caruthersville has an unemployment rate of 7.7%. The US average is 6.0%.
Caruthersville has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 3.9%, which is lower than the US average of 33.5%.
Tax Rates for Caruthersville
- The Sales Tax Rate for Caruthersville is 8.7%. The US average is 7.3%.
- The Income Tax Rate for Caruthersville 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 Caruthersville
- The average income of a Caruthersville resident is $17,240 a year. The US average is $28,555 a year.
- The Median household income of a Caruthersville resident is $33,922 a year. The US average is $69,021 a year.