Glen Echo Park, MO is an attractive residential area with a reasonable cost of living. The average 2 bedroom rent in the area is $960, which is significantly lower than the national average of $1,430. Grocery costs in Glen Echo Park are also more affordable than elsewhere in the US, with a grocery cost index of 91 compared to 100 for the US overall. The town has a number of great local businesses ranging from restaurants to retail stores, such as Dave's Diner and Boutique Beauty Supply. Additionally, Glen Echo Park boasts a range of professional services like Dr. Smithson's office and Green Financial Services LLC. With its excellent quality of life and affordability, Glen Echo Park is an ideal place to call home!
Glen Echo Park has an unemployment rate of 4.5%. The US average is 6.0%.
Glen Echo Park has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Glen Echo Park
- The Sales Tax Rate for Glen Echo Park is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Glen Echo Park 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 Glen Echo Park
- The average income of a Glen Echo Park resident is $33,021 a year. The US average is $37,638 a year.
- The Median household income of a Glen Echo Park resident is $55,833 a year. The US average is $69,021 a year.