Morehouse, MO is a small town with a population of 1,279 people which is located in Stoddard County. The rental prices for a two bedroom apartment are relatively low compared to the national average, at $630 per month. Additionally the Grocery Cost Index in Morehouse is 92 compared to 100 in the nation as a whole. This means that groceries are more affordable in Morehouse than in many other parts of the country. Some local companies located in Morehouse include Farmers Bank of Appletown, 10th Street Pizza & Pub, and Affordable Auto Repair & Towing.
Morehouse has an unemployment rate of 4.5%. The US average is 6.0%.
Morehouse has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 3.3%, which is lower than the US average of 33.5%.
Tax Rates for Morehouse
- The Sales Tax Rate for Morehouse is 7.2%. The US average is 7.3%.
- The Income Tax Rate for Morehouse 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 Morehouse
- The average income of a Morehouse resident is $15,716 a year. The US average is $28,555 a year.
- The Median household income of a Morehouse resident is $39,107 a year. The US average is $69,021 a year.