Oak Grove Village, MO is an affordable area to live in and offers plenty of amenities for its residents. The average 2 Bedroom rent in Oak Grove Village, MO is $860, which is significantly lower compared to the U.S. average of $1,430. The Grocery Cost Index in Oak Grove Village is 95 while it is 100 in the United States, indicating that groceries are reasonably priced throughout the village. There are many local businesses located in Oak Grove Village such as J&J Trucking Co., Anderson's Hardware Store, Smith Supply Company and K-M Distributors Inc. With the low costs for living expenses coupled with plenty of job opportunities at local companies, Oak Grove Village is an ideal place to call home.
Oak Grove Village has an unemployment rate of 4.3%. The US average is 6.0%.
Oak Grove Village has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 28.5%, which is lower than the US average of 33.5%.
Tax Rates for Oak Grove Village
- The Sales Tax Rate for Oak Grove Village is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Oak Grove Village 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 Oak Grove Village
- The average income of a Oak Grove Village resident is $13,815 a year. The US average is $28,555 a year.
- The Median household income of a Oak Grove Village resident is $44,688 a year. The US average is $69,021 a year.