Gerster, MO is a small town with an estimated population of only about 2,000. It offers a much lower cost of living than the national average. Rent for a two bedroom apartment is only $760 compared to the US average of $1,430. Groceries also cost less in Gerster with its Grocery Cost Index at 95 versus 100 in the US.
Gerster offers a variety of local businesses such as the Kwik Stop mini-mart, Joe’s Barbecue Shack, and Castle’s Tire & Auto Repair for car maintenance needs. Entertainment options include bowling at Glenwood Lanes and golfing at Oakwood Links Golf Course. Hikers will love exploring picturesque Marais des Cygnes Wildlife Area located nearby. With its low prices and ample outdoor activities to explore, Gerster is an ideal spot for those seeking small-town living without breaking the bank.
Gerster has an unemployment rate of 4.6%. The US average is 6.0%.
Gerster has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 13.8%, which is lower than the US average of 33.5%.
Tax Rates for Gerster
- The Sales Tax Rate for Gerster is 4.7%. The US average is 7.3%.
- The Income Tax Rate for Gerster 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 Gerster
- The average income of a Gerster resident is $20,625 a year. The US average is $28,555 a year.
- The Median household income of a Gerster resident is $26,429 a year. The US average is $69,021 a year.