Indian Point, MO is a small town located in southwestern Missouri. It is known for its affordable rental prices and cost of living. The average rent for a two-bedroom apartment in Indian Point is $860 compared to the national average of $1,430. Furthermore, the Grocery Cost Index in Indian Point is 96 versus 100 in the US, making it an attractive place for budget conscious shoppers.
The economy of Indian Point revolves around agriculture and local businesses such as Walmart, Dollar General, and other small stores. Besides these retail businesses there are few attractions which includes Lake Pomme de Terre State Park for swimming or fishing activities along with Mark Twain National Forest filled with hiking trails and picnic areas.
Indian Point has an unemployment rate of 8.1%. The US average is 6.0%.
Indian Point has seen the job market decrease by -10.1% 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 Indian Point
- The Sales Tax Rate for Indian Point is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Indian Point 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 Indian Point
- The average income of a Indian Point resident is $30,751 a year. The US average is $37,638 a year.
- The Median household income of a Indian Point resident is $58,125 a year. The US average is $69,021 a year.