Fairfax, MO is a small city located in Atchison County. It has many amenities and attractions, making it a great place to live. Companies such as Atchison-Holt Electric Cooperative Inc., Farmer's Co-Op Association of Fairfax, and Fairfax Hardware & Lumber are all popular local businesses in the area. The cost of living in Fairfax is quite reasonable. The average 2 bedroom rent is $730, which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index in Fairfax is 93 compared to the US average of 100, making grocery shopping much more affordable. With a low cost of living and a variety of local companies, Fairfax is an excellent small city to call home.
Fairfax has an unemployment rate of 2.6%. The US average is 6.0%.
Fairfax has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 22.5%, which is lower than the US average of 33.5%.
Tax Rates for Fairfax
- The Sales Tax Rate for Fairfax is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Fairfax 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 Fairfax
- The average income of a Fairfax resident is $28,439 a year. The US average is $37,638 a year.
- The Median household income of a Fairfax resident is $46,771 a year. The US average is $69,021 a year.