Colfax Township (DeKalb Cnty), MO is a small rural town located in the Midwestern United States. The cost of living is lower than the national average, with a 2-bedroom rental costing only $930 compared to $1430 in the US. Similarly, grocery costs are 5 points below the national index of 100. Despite its size, Colfax Township has a number of major employers, such as DeKalb County Hospital and various manufacturing plants. The average salary for a job in this area is around $60,000 per year.
Colfax township (DeKalb County) has an unemployment rate of 3.4%. The US average is 6.0%.
Colfax township (DeKalb County) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 27.2%, which is lower than the US average of 33.5%.
Tax Rates for Colfax township (DeKalb County)
- The Sales Tax Rate for Colfax township (DeKalb County) is 5.7%. The US average is 7.3%.
- The Income Tax Rate for Colfax township (DeKalb 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 Colfax township (DeKalb County)
- The average income of a Colfax township (DeKalb County) resident is $24,517 a year. The US average is $28,555 a year.
- The Median household income of a Colfax township (DeKalb County) resident is $76,144 a year. The US average is $69,021 a year.