Savannah, MO is a small town located in Northwest Missouri with a population of around 5,000 people. Its location close to larger cities makes it an attractive option for those seeking more affordable housing compared to larger cities. With two bedroom rents averaging $890 per month, Savannah offers a much more affordable option than the national average of $1,430. The cost of groceries have also been found to be lower in Savannah than across the US with an index rating of 96 versus 100 nationally. Savannah is home to popular local businesses such as Moonlight Coffee House and Jethro’s BBQ Shack which draws customers from all over Northwest Missouri. Overall, this small town is an ideal place for those looking for a quality lifestyle at an affordable price point.
Savannah has an unemployment rate of 3.2%. The US average is 6.0%.
Savannah has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.
Tax Rates for Savannah
- The Sales Tax Rate for Savannah is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Savannah 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 Savannah
- The average income of a Savannah resident is $20,268 a year. The US average is $28,555 a year.
- The Median household income of a Savannah resident is $45,727 a year. The US average is $69,021 a year.