Richland, MO is a small town located in the heart of Missouri. It features a great selection of local businesses and services, many of which provide goods and services at competitive prices. Richland is a great place to live thanks to its low 2 Bedroom rent costs ($940 compared to $1,430 nationally) and low Grocery Cost Index (96 versus 100 in the US). Popular businesses include Richland Discount Pharmacy, Richland Family Health Center, Richland Diner & Deli, Richland U-Store-It, and more. With such affordable living costs, it's no surprise that more people are choosing to make their home in Richland!
Richland has an unemployment rate of 4.5%. The US average is 6.0%.
Richland has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 18.2%, which is lower than the US average of 33.5%.
Tax Rates for Richland
- The Sales Tax Rate for Richland is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Richland 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 Richland
- The average income of a Richland resident is $15,591 a year. The US average is $28,555 a year.
- The Median household income of a Richland resident is $42,060 a year. The US average is $69,021 a year.