Climax Springs, MO is a small town with a population of less than 500 people. It is located in central Missouri near Lake of the Ozarks. Despite its size, Climax Springs offers a variety of local businesses to choose from such as The Country Store, JJ's Pizza Parlor, and Salty Dogz Bar & Grill. The cost of living in Climax Springs is significantly lower than the national average. For example, the median 2 bedroom rental rate is $800 compared to $1,430 nationally. Additionally, the Grocery Cost Index for Climax Springs is 100 versus 100 nationally. This means that groceries are less expensive in Climax Springs than elsewhere in the US.
Climax Springs has an unemployment rate of 5.7%. The US average is 6.0%.
Climax Springs has seen the job market decrease by -2.6% over the last year. Future job growth over the next ten years is predicted to be 22.1%, which is lower than the US average of 33.5%.
Tax Rates for Climax Springs
- The Sales Tax Rate for Climax Springs is 5.9%. The US average is 7.3%.
- The Income Tax Rate for Climax Springs 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 Climax Springs
- The average income of a Climax Springs resident is $17,471 a year. The US average is $37,638 a year.
- The Median household income of a Climax Springs resident is $0 a year. The US average is $69,021 a year.