Clyde, MO Economy


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Clyde, MO is a small town located in North Central Missouri. It is home to several local businesses including Clyde Hardware, H & R Tax Services, and The Coffee Stop. The cost of living in Clyde is quite low compared to the rest of the country. Housing costs for a two bedroom apartment are only $780 per month on average, while the national average is $1,430 per month. Additionally, the grocery cost index in Clyde is 92 when compared to 100 nationally. This makes Clyde an attractive location for those looking to save money without sacrificing quality of life.

Clyde has an unemployment rate of 2.9%. The US average is 6.0%.

Clyde has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 17.4%, which is lower than the US average of 33.5%.

Tax Rates for Clyde
- The Sales Tax Rate for Clyde is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Clyde 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 Clyde
- The average income of a Clyde resident is $17,667 a year. The US average is $28,555 a year.
- The Median household income of a Clyde resident is $38,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyClyde, MissouriUnited States
  2.96
  -1.9%-6.2%
  17.4%33.5%
  6.2%6.2%
  5.4%4.6%
  $24,531$37,638
  $38,750$69,021
  $51,875$85,028
  Population by Occupation
  5.3%1.2%
  0.0%0.5%
  36.8%6.8%
  5.3%10.0%
  0.0%2.5%
  10.5%11.0%
  5.3%4.8%
  0.0%0.8%
  0.0%1.9%
  5.3%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  10.5%9.3%
  10.5%14.0%
  0.0%2.1%
  5.3%7.0%
  5.3%4.8%
  0.0%4.7%
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