Hamilton, MO is a small town that is perfect for those looking for a quiet hometown feeling. It offers affordable living options such as a two bedroom apartment for rent at just $920 per month. This makes Hamilton an ideal place for anyone looking to save money. Groceries are also relatively inexpensive with an index of 93 compared to the US average of 100. Local attractions include The Hamilton Theater and Wanda's Boat Dock, as well as numerous parks, restaurants and stores. There are plenty of local businesses to explore such as Brown's Pawn Shop, Hamilton Dollar Store, Owen's Drug Store and Skin Care Spa. All these amenities make Hamilton an attractive destination to live in with low cost of living and plenty of activities to enjoy.
Hamilton has an unemployment rate of 4.1%. The US average is 6.0%.
Hamilton has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 31.2%, which is lower than the US average of 33.5%.
Tax Rates for Hamilton
- The Sales Tax Rate for Hamilton is 6.7%. The US average is 7.3%.
- The Income Tax Rate for Hamilton 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 Hamilton
- The average income of a Hamilton resident is $17,526 a year. The US average is $28,555 a year.
- The Median household income of a Hamilton resident is $55,855 a year. The US average is $69,021 a year.