Hillsboro, MO is a small city located in Jefferson County that offers an affordable lifestyle compared to other cities. The two-bedroom rental in Hillsboro is $900 per month, which is much lower than the US average of $1,430 per month. This makes it more feasible for residents to rent an apartment in this area. Also, the Grocery Cost Index in Hillsboro is 98 compared to the US average of 100, meaning groceries here are even cheaper than most other areas.
Hillsboro has a variety of local businesses including auto repair shops like B & W Automotive, furniture stores such as Grand Furniture Store and restaurants like El Camino Mexican Grill and Cantina. With nearby parks such as Green Park and Pea Ridge Wildlife Area, there are plenty of outdoor activities for families to enjoy. Additionally, there are many museums and historical sites located around Hillsboro like the Thiese-Wegman Farmstead Museum.
Hillsboro has an unemployment rate of 4.4%. The US average is 6.0%.
Hillsboro has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 27.7%, which is lower than the US average of 33.5%.
Tax Rates for Hillsboro
- The Sales Tax Rate for Hillsboro is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Hillsboro 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 Hillsboro
- The average income of a Hillsboro resident is $18,191 a year. The US average is $28,555 a year.
- The Median household income of a Hillsboro resident is $57,782 a year. The US average is $69,021 a year.