New Hampton, MO is a small town located in the Midwestern United States. It has relatively low housing costs compared to the nation as a whole, with the average two bedroom rent costing approximately $670 per month. The cost of groceries is also lower than what you would expect to find nationally, as its Grocery Cost Index is 92 versus 100 for the US.
The town has a few local companies that offer unique services such as auto parts supplier Gray's Automotive or Frick Plumbing & Heating which provides plumbing services. In terms of attractions, New Hampton has many places worth visiting, including nature spots like Whetstone Creek Conservation Area and Perry Lake Park. There are also cultural attractions like the New Hampton Art Gallery and historic sites like the Fort Davidson State Historic Site.
New Hampton has an unemployment rate of 3.3%. The US average is 6.0%.
New Hampton has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 18.1%, which is lower than the US average of 33.5%.
Tax Rates for New Hampton
- The Sales Tax Rate for New Hampton is 7.9%. The US average is 7.3%.
- The Income Tax Rate for New Hampton 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 New Hampton
- The average income of a New Hampton resident is $17,073 a year. The US average is $28,555 a year.
- The Median household income of a New Hampton resident is $33,125 a year. The US average is $69,021 a year.