Gallatin, MO is a small suburban town located in northwest Missouri. It has a population of around 1,119 people and boasts an affordable cost of living. The average two-bedroom rent in Gallatin is $760 compared to the US average of $1430; the grocery cost index in Gallatin is 95 versus 100 in the US. The town offers many amenities such as local schools, a library, parks, and an annual fair. Local businesses include Big B's Shoe Barn, McMillan Groceries & Deli, D&B Farms Produce Market, and Kountry Kids Daycare Center. In addition to its affordable cost of living and quality amenities, Gallatin's friendly community makes it an ideal place to live or visit.
Gallatin has an unemployment rate of 4.0%. The US average is 6.0%.
Gallatin 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 23.7%, which is lower than the US average of 33.5%.
Tax Rates for Gallatin
- The Sales Tax Rate for Gallatin is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Gallatin 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 Gallatin
- The average income of a Gallatin resident is $18,981 a year. The US average is $28,555 a year.
- The Median household income of a Gallatin resident is $37,961 a year. The US average is $69,021 a year.