Parkdale, MO Economy


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Parkdale, MO is a small town located in the Midwestern United States. The city offers affordable housing, with 2 bedroom rents averaging $960 a month compared to the US average of $1,430. Furthermore, groceries in Parkdale are cheaper than the national average with an index score of 97 compared to 100 across the country. As a result, Parkdale is attractive to those seeking low cost living. Residents of Parkdale can enjoy shopping at local stores such as Walmart and JC Penny as well as boutique shops like Baehman's Department Store and T.S White & Son's Grocery. There is also plenty of recreational activities to be enjoyed at Laumeier Sculpture Park and Lone Elk Park. All in all, living in Parkdale provides its residents with an affordable way of life and many activities to do nearby.

Parkdale has an unemployment rate of 4.4%. The US average is 6.0%.

Parkdale has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 27.7%, which is lower than the US average of 33.5%.

Tax Rates for Parkdale
- The Sales Tax Rate for Parkdale is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Parkdale 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 Parkdale
- The average income of a Parkdale resident is $30,978 a year. The US average is $37,638 a year.
- The Median household income of a Parkdale resident is $58,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyParkdale, MissouriUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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