Medicine township (Mercer Cnty), MO is a small, tight-knit community with plenty to offer. Rent in the area is significantly lower than average at $660 for two bedrooms, making it a great option for families or those on a budget. The local grocery cost index is also lower than the U.S. average at 91, meaning residents can save money on their groceries each month. Within Medicine township, there are many local attractions like the Stony Point Nature Center which offers hiking trails and educational programs, as well as the Mercer County Museum which celebrates the town's history and culture. There are also many local businesses like Brookstone Printing Services and G&G Diesel Repair that proudly serve the community.
Medicine township (Mercer County) has an unemployment rate of 3.6%. The US average is 6.0%.
Medicine township (Mercer County) has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Medicine township (Mercer County)
- The Sales Tax Rate for Medicine township (Mercer County) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Medicine township (Mercer 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 Medicine township (Mercer County)
- The average income of a Medicine township (Mercer County) resident is $18,208 a year. The US average is $28,555 a year.
- The Median household income of a Medicine township (Mercer County) resident is $94,773 a year. The US average is $69,021 a year.