Salem Township (Daviess Cnty), MO is a small community located in the southwestern corner of Missouri with an estimated population of 1,724 people. The area's rental market is very affordable, with the average two-bedroom apartment rented for about $730 per month. Additionally, the cost of groceries in Salem Township is lower than the national average; at 93 on the Grocery Cost Index versus 100 in the US. Local businesses and amenities include The Bank of Salem, Brown's Supermarket, and Miller Automotive. Furthermore, Salem Township features several parks and outdoor recreation areas such as Trail of Tears Memorial Park and Squaw Creek Wildlife Refuge.
Salem township (Daviess County) has an unemployment rate of 4.0%. The US average is 6.0%.
Salem township (Daviess County) has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 23.7%, which is lower than the US average of 33.5%.
Tax Rates for Salem township (Daviess County)
- The Sales Tax Rate for Salem township (Daviess County) is 6.7%. The US average is 7.3%.
- The Income Tax Rate for Salem township (Daviess County) 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 Salem township (Daviess County)
- The average income of a Salem township (Daviess County) resident is $19,665 a year. The US average is $37,638 a year.
- The Median household income of a Salem township (Daviess County) resident is $35,795 a year. The US average is $69,021 a year.