Jerico Springs, MO is an excellent place to live with affordable rent and a below-average cost of living. A two bedroom apartment in Jerico Springs will cost you just $740 per month on average, compared to the US average of $1,430. Additionally, groceries are significantly more affordable in Jerico Springs than the national average Grocery Cost Index, which is 93 versus 100 nationally. \nThe town offers plenty of amenities as well. It boasts locally-owned restaurants such as The Hearth Bistro & Bar and The Tumbleweed Cafe for dining out, and shopping options including Asher & Son's General Store and Banville Country Store. There are also local pharmacies like The Prescription Shop and Dollar General for convenience needs.
Jerico Springs has an unemployment rate of 3.6%. The US average is 6.0%.
Jerico Springs 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 17.9%, which is lower than the US average of 33.5%.
Tax Rates for Jerico Springs
- The Sales Tax Rate for Jerico Springs is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Jerico Springs 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 Jerico Springs
- The average income of a Jerico Springs resident is $16,969 a year. The US average is $28,555 a year.
- The Median household income of a Jerico Springs resident is $29,643 a year. The US average is $69,021 a year.