Glenwood, MO Economy


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Glenwood, MO is a great place to live and work. The cost of renting a two bedroom apartment is much lower than the US average at just $720. It also has an affordable grocery cost index of 97 compared to the national average of 100. The town offers numerous recreational activities, such as fishing and hunting in nearby forests as well as visiting local wineries and breweries. There are many job opportunities in the area with employers such as Northland Systems, United Stations, Rockford PMF Industries, and Gordy's Market providing jobs in various fields. Families with children will benefit from the excellent schools in Glenwood that offer excellent education for all ages.

Glenwood has an unemployment rate of 4.7%. The US average is 6.0%.

Glenwood has seen the job market increase by 3.1% over the last year. Future job growth over the next ten years is predicted to be 27.5%, which is lower than the US average of 33.5%.

Tax Rates for Glenwood
- The Sales Tax Rate for Glenwood is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Glenwood 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 Glenwood
- The average income of a Glenwood resident is $17,223 a year. The US average is $28,555 a year.
- The Median household income of a Glenwood resident is $55,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGlenwood, MissouriUnited States
  4.76
  -1.4%-6.2%
  27.5%33.5%
  6.2%6.2%
  5.4%4.6%
  $14,017$37,638
  $55,500$69,021
  $58,750$85,028
  Population by Occupation
  1.5%1.2%
  0.0%0.5%
  0.0%6.8%
  14.9%10.0%
  14.9%2.5%
  6.0%11.0%
  7.5%4.8%
  0.0%0.8%
  0.0%1.9%
  4.5%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  9.0%4.2%
  6.0%9.3%
  1.5%14.0%
  6.0%2.1%
  0.0%7.0%
  3.0%4.8%
  25.4%4.7%
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