Clifton Hill, MO is a small rural town located in the heart of Missouri. The population is relatively small but growing steadily, with many families and young professionals choosing to call it home. One of the main draws to Clifton Hill is its cost of living. On average, two bedroom rents in Clifton Hill are around $720 compared to the US average of $1,430. Grocery costs here are also significantly lower than the national average index at 95 versus 100 in America. Local businesses in Clifton Hill include C&J Construction, Peters Grocery Store, and Hackman’s Auto Repair Shop. These businesses provide a stable economic foundation for this rural community while providing jobs and goods to local residents at affordable prices, making life that much easier for those who call Clifton Hill home. The cost of living affects residents greatly as they can save more money while still having access to all their basic needs - groceries, housing, etc. This allows locals to have more disposable income which helps other aspects of their lives such as education or furthering their career prospects within or outside Clifton Hill.
Clifton Hill has an unemployment rate of 4.4%. The US average is 6.0%.
Clifton Hill has seen the job market decrease by -3.0% over the last year. Future job growth over the next ten years is predicted to be 18.2%, which is lower than the US average of 33.5%.
Tax Rates for Clifton Hill
- The Sales Tax Rate for Clifton Hill is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Clifton Hill 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 Clifton Hill
- The average income of a Clifton Hill resident is $17,731 a year. The US average is $37,638 a year.
- The Median household income of a Clifton Hill resident is $0 a year. The US average is $69,021 a year.