Homer, MO is a small town located in the north central part of Missouri. It has a population of around 800 people and is renowned for its peaceful environment. The area offers affordable housing with typical 2 bedroom rents at $850, which is much lower than the national average ($1,430). Groceries are also cheaper than the US average with an index of 94 to 100 respectively. For those looking to set up home in this quaint little town, there are many local businesses such as Homer General Store and Homer Auto Repair where locals can find everything they need. The low cost of living makes Homer a great choice for those looking for a relaxed lifestyle without breaking the bank.
Homer has an unemployment rate of 4.3%. The US average is 6.0%.
Homer has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.
Tax Rates for Homer
- The Sales Tax Rate for Homer is 5.2%. The US average is 7.3%.
- The Income Tax Rate for Homer 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 Homer
- The average income of a Homer resident is $14,779 a year. The US average is $28,555 a year.
- The Median household income of a Homer resident is $71,058 a year. The US average is $69,021 a year.