Millard, MO Economy


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Millard, MO is a small town in Missouri with a population of under 1,000 residents. It's a great place to call home due to its affordable housing costs; the average two bedroom rent is just $530. Millard also has an impressive grocery cost index that is lower than the US average, making it an affordable place to shop for food. The town is full of local businesses like Millard Landscaping and M&A Hardware Store that provide quality services and goods at competitive prices. When it comes to amenities, the town offers plenty of outdoor activities including fishing, canoeing, and hiking trails for those who love nature. With its small-town charm, affordable living costs, and plenty of nearby attractions, Millard is a great place to live!

Millard has an unemployment rate of 4.5%. The US average is 6.0%.

Millard has seen the job market increase by 4.4% 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 Millard
- The Sales Tax Rate for Millard is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Millard 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 Millard
- The average income of a Millard resident is $10,880 a year. The US average is $28,555 a year.
- The Median household income of a Millard resident is $63,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMillard, MissouriUnited States
  4.56
  -3.2%-6.2%
  31.1%33.5%
  5.6%6.2%
  5.4%4.6%
  $25,081$37,638
  $63,750$69,021
  $58,750$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  3.8%10.0%
  0.0%2.5%
  53.8%11.0%
  11.5%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%
  7.7%9.3%
  11.5%14.0%
  0.0%2.1%
  0.0%7.0%
  11.5%4.8%
  0.0%4.7%
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