Pomona, MO Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Pomona, MO is an ideal place to live for those looking for a lower cost of living without sacrificing quality. With 2 Bedroom Rent at just $740 per month, it is nearly 40% lower than the US average of $1430 per month. Furthermore, the Grocery Cost Index in Pomona is 96, once again lower than the US average of 100. Despite these low costs, there are still plenty of local companies and attractions to keep residents busy. Local businesses include Ponoma Cafe which offers delicious home cooked meals as well as T&J Pawn Shop where residents can buy or sell items on their own terms. For entertainment, there is Bambi Lake Park with its tranquil lake and hiking trails that make it perfect for a family picnic. Together these features make Pomona, MO an excellent choice for anyone looking to save money and enjoy life at the same time.

Pomona has an unemployment rate of 5.0%. The US average is 6.0%.

Pomona has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 19.8%, which is lower than the US average of 33.5%.

Tax Rates for Pomona
- The Sales Tax Rate for Pomona is 5.7%. The US average is 7.3%.
- The Income Tax Rate for Pomona 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 Pomona
- The average income of a Pomona resident is $21,389 a year. The US average is $28,555 a year.
- The Median household income of a Pomona resident is $2,499 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPomona, MissouriUnited States
  56
  -4.0%-6.2%
  19.8%33.5%
  5.7%6.2%
  5.4%4.6%
  $7,248$37,638
  $2,499$69,021
Family Median Income 85028
Health
Compare Pomona, MO
cost of living
Compare food, housing, utilities, and more in Pomona, Missouri to any other city in the US.