El Dorado Springs, MO is a small town located in the beautiful Ozark region of Missouri. It is known for its vibrant local businesses and attractions. The city offers two bedroom apartments at a much lower rate than the national average, with rent typically hovering around $760. Grocery costs are also lower in El Dorado Springs, with the cost index coming in 93 compared to 100 in the US as a whole. This makes living here an even more attractive option! Local businesses include S & K Foods, which has been serving up groceries for over 40 years, and Old Time Mercantile, which sells handmade items from local artisans. There are also plenty of attractions to explore such as Trails End Park, which offers camping sites and hiking trails, and White River Valley Museum, which showcases artifacts from early settler life.
El Dorado Springs has an unemployment rate of 3.6%. The US average is 6.0%.
El Dorado Springs has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 17.9%, which is lower than the US average of 33.5%.
Tax Rates for El Dorado Springs
- The Sales Tax Rate for El Dorado Springs is 8.2%. The US average is 7.3%.
- The Income Tax Rate for El Dorado 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 El Dorado Springs
- The average income of a El Dorado Springs resident is $14,110 a year. The US average is $28,555 a year.
- The Median household income of a El Dorado Springs resident is $30,572 a year. The US average is $69,021 a year.