Essex, MO Economy


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United States / Missouri / No Metro Area / Stoddard County / Essex / Zip Codes
Essex, MO is a small town located in St. Clair County with a population of about 600 inhabitants. Despite its size, Essex offers many benefits to its residents including relatively low rental rates at $670 for two bedroom apartments and lower grocery costs compared to the US average. The Grocery Cost Index in Essex is 92 versus 100 in the US.\nSome of the local companies that call Essex home include Mizzou Store, which sells University of Missouri apparel, Shannon's Market & Garden Center, and MFA Incorporated, which provides agricultural services. There are also many small businesses in town providing services such as plumbing, electrician work, carpentry and much more.

Essex has an unemployment rate of 4.7%. The US average is 6.0%.

Essex has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 21.1%, which is lower than the US average of 33.5%.

Tax Rates for Essex
- The Sales Tax Rate for Essex is 5.4%. The US average is 7.3%.
- The Income Tax Rate for Essex 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 Essex
- The average income of a Essex resident is $22,248 a year. The US average is $28,555 a year.
- The Median household income of a Essex resident is $55,938 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEssex, MissouriUnited States
  4.76
  0.2%-6.2%
  21.1%33.5%
  6.4%6.2%
  5.4%4.6%
  $21,875$37,638
  $55,938$69,021
  $57,257$85,028
  Population by Occupation
  10.0%1.2%
  0.0%0.5%
  4.2%6.8%
  20.4%10.0%
  0.0%2.5%
  16.2%11.0%
  6.9%4.8%
  5.4%0.8%
  0.0%1.9%
  5.0%4.7%
  0.8%1.9%
  2.3%7.6%
  0.0%0.1%
  1.2%4.2%
  1.2%9.3%
  16.5%14.0%
  2.3%2.1%
  6.2%7.0%
  0.0%4.8%
  1.5%4.7%
Reviews for Essex
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Over 9 years ago

I grew up in Essex, population 629. There was always something to do with my friends. We went to school together, played ball together,fished, camped, picked cotton to  More

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