Forest City, MO is a low cost area to live in with a 2 bedroom renting for only $680. The cost of groceries here is also significantly lower than the national average, with an index rating of 93 versus 100 in the US. It's a great place for those looking for affordable living without sacrificing quality and services. There are many local companies offering great services such as Forest Electric, Forest Foods, and Forest Heating and Cooling. These businesses provide customers with top-notch products and services that make living in Forest City more enjoyable.
Forest City has an unemployment rate of 3.0%. The US average is 6.0%.
Forest City has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 24.0%, which is lower than the US average of 33.5%.
Tax Rates for Forest City
- The Sales Tax Rate for Forest City is 6.7%. The US average is 7.3%.
- The Income Tax Rate for Forest City 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 Forest City
- The average income of a Forest City resident is $21,504 a year. The US average is $28,555 a year.
- The Median household income of a Forest City resident is $42,386 a year. The US average is $69,021 a year.