Higbee, MO is a small town located in the Northeast corner of Missouri, about an hour away from St. Louis. There are many local businesses in the area including Higbee Foods, Lyle’s Department Store, and Whelan Farms. Two bedroom rent in Higbee is significantly lower than the national average of $1,430 at only $850 per month. In addition to more affordable housing costs, grocery items are also cheaper at 91 compared to a national index of 100. The area has a small-town feel with plenty of amenities offered by its local businesses.
Higbee has an unemployment rate of 4.4%. The US average is 6.0%.
Higbee has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 18.2%, which is lower than the US average of 33.5%.
Tax Rates for Higbee
- The Sales Tax Rate for Higbee is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Higbee 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 Higbee
- The average income of a Higbee resident is $19,349 a year. The US average is $28,555 a year.
- The Median household income of a Higbee resident is $53,000 a year. The US average is $69,021 a year.