Clay Township (Linn Cnty), MO is a small but vibrant community located in the Midwest region of the United States. This area is known for its low cost of living, with 2 bedroom apartment rentals averaging only $760 - significantly lower than the national average of $1,430. It is also home to many small businesses including Clay Farms Local Produce, Linn County Textiles, and Clay Township Automotive. The Grocery Cost Index for this area is 93 versus 100 in the US making it an affordable place to live and work. The population of Clay Township (Linn Cnty), MO is estimated to be around 1,300 people as of 2021.
Clay township (Linn County) has an unemployment rate of 7.0%. The US average is 6.0%.
Clay township (Linn County) has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 20.7%, which is lower than the US average of 33.5%.
Tax Rates for Clay township (Linn County)
- The Sales Tax Rate for Clay township (Linn County) is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Clay township (Linn County) 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 Clay township (Linn County)
- The average income of a Clay township (Linn County) resident is $30,249 a year. The US average is $37,638 a year.
- The Median household income of a Clay township (Linn County) resident is $75,625 a year. The US average is $69,021 a year.