Musselfork, MO Economy


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United States / Missouri / No Metro Area / Chariton County / Musselfork / Zip Codes
Musselfork, MO is a small town in Missouri with a population of around 103,000 people. The cost of living is lower than the US average in several areas, including rental costs. A two-bedroom apartment in Musselfork costs only $710 per month compared to the national median of $1,430. Additionally, the grocery index is 91 versus 100 in the US. Musselfork also has a number of local businesses such as Petey's Grocery Store, Johnson Insurance Company and Clark Carpentry Services that give residents more affordable options when it comes to everyday purchases. Overall, Musselfork offers residents a low cost of living and access to a variety of local services.

Musselfork has an unemployment rate of 3.6%. The US average is 6.0%.

Musselfork has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 22.6%, which is lower than the US average of 33.5%.

Tax Rates for Musselfork
- The Sales Tax Rate for Musselfork is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Musselfork 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 Musselfork
- The average income of a Musselfork resident is $14,588 a year. The US average is $28,555 a year.
- The Median household income of a Musselfork resident is $37,692 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMusselfork, MissouriUnited States
  3.66
  1.1%-6.2%
  22.6%33.5%
  6.0%6.2%
  5.4%4.6%
  $19,811$37,638
  $37,692$69,021
Family Median Income 85028
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