Jackson township (Linn County), MO Economy


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United States / Missouri / No Metro Area / Linn County / Jackson township (Linn County) / Zip Codes
Jackson township (Linn Cnty), MO is a small town situated in Linn County. It offers its residents great affordability for housing with 2 bedroom rents averaging at around $720, which is much lower than the national average of $1,430. Along with its low rent prices, grocery costs are also low in comparison to most parts of the United States, with an index of 92 versus 100 nationally. This makes Jackson township (Linn Cnty), MO an attractive place for individuals who are looking to save money while living comfortably. The town is home to several local businesses such as family owned restaurants, small retail stores, and general services like auto repair shops and pharmacies. All these businesses make it easy for residents to get necessary items without spending too much. With its low rent prices and grocery costs paired with the availability of local businesses, Jackson township (Linn Cnty), MO offers a great cost of living that should not be overlooked by individuals seeking an affordable place to call home.

Jackson township (Linn County) has an unemployment rate of 7.0%. The US average is 6.0%.

Jackson township (Linn County) has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 20.7%, which is lower than the US average of 33.5%.

Tax Rates for Jackson township (Linn County)
- The Sales Tax Rate for Jackson township (Linn County) is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Jackson township (Linn County) 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 Jackson township (Linn County)
- The average income of a Jackson township (Linn County) resident is $17,425 a year. The US average is $28,555 a year.
- The Median household income of a Jackson township (Linn County) resident is $80,139 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyJackson township (Linn County), MissouriUnited States
  76
  -1.0%-6.2%
  20.7%33.5%
  6.2%6.2%
  5.4%4.6%
  $32,210$37,638
  $80,139$69,021
  $107,500$85,028
  Population by Occupation
  27.8%1.2%
  0.0%0.5%
  10.0%6.8%
  12.2%10.0%
  0.0%2.5%
  0.0%11.0%
  3.3%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  12.2%9.3%
  16.7%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  17.8%4.7%
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