Granby, MO Economy


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Granby, MO is a small town located in Newton County. It is an ideal place for families and young professionals to live due to its low cost of living. The average 2 Bedroom rent in Granby is $830 per month, compared to the US average of $1,430. In addition to low rent, the Grocery Cost Index in Granby is 92 compared to the US average of 100.
Granby has many local businesses that provide employment opportunities as well as essential goods and services. Some great local companies include Granby Auto Repair, Meeks Automotive Machine Shop, and Mellowes Family Restaurant. These businesses offer quality services and products for all of Granby’s residents.

Granby has an unemployment rate of 3.9%. The US average is 6.0%.

Granby has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 23.4%, which is lower than the US average of 33.5%.

Tax Rates for Granby
- The Sales Tax Rate for Granby is 5.4%. The US average is 7.3%.
- The Income Tax Rate for Granby 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 Granby
- The average income of a Granby resident is $15,240 a year. The US average is $28,555 a year.
- The Median household income of a Granby resident is $42,791 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGranby, MissouriUnited States
  3.96
  -4.0%-6.2%
  23.4%33.5%
  5.4%6.2%
  5.4%4.6%
  $18,494$37,638
  $42,791$69,021
  $49,063$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  10.2%6.8%
  14.4%10.0%
  1.0%2.5%
  11.8%11.0%
  12.8%4.8%
  0.0%0.8%
  0.6%1.9%
  2.3%4.7%
  0.0%1.9%
  2.4%7.6%
  0.0%0.1%
  3.5%4.2%
  5.6%9.3%
  15.0%14.0%
  0.5%2.1%
  11.1%7.0%
  5.9%4.8%
  2.2%4.7%
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