Owensville, MO is a small town with a population of around 3,000 people. It has been described as a “laid-back” community with an rural atmosphere. Despite its size, Owensville boasts numerous small businesses that provide jobs in the area. These companies include PHS Automotive Repair, A & S Tire Service, Owensville Carpet Center and the Owensville Truck Stop.
The cost of living in Owensville is relatively low when compared to other towns and cities across the US. The average two bedroom rent is $910 while the national average for a two bedroom is $1430. Additionally, the Grocery Cost Index in Owensville is 95 versus 100 in the US making food affordable for most residents. Amenities in Owensville include two parks – Memorial Park and Rock Springs Park - along with several restaurants offering traditional American cuisine such as Burgers’ Smokehouse Restaurant and Ale House Pizza Pub.
Owensville has an unemployment rate of 4.1%. The US average is 6.0%.
Owensville has seen the job market decrease by -4.0% over the last year. Future job growth over the next ten years is predicted to be 27.1%, which is lower than the US average of 33.5%.
Tax Rates for Owensville
- The Sales Tax Rate for Owensville is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Owensville 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 Owensville
- The average income of a Owensville resident is $21,151 a year. The US average is $37,638 a year.
- The Median household income of a Owensville resident is $43,007 a year. The US average is $69,021 a year.