Schell City, Missouri is a small rural town located in Vernon County. The town has a population of around 215 people according to the 2010 US Census. Despite its size, Schell City offers plenty of amenities and businesses for visitors and residents alike. Local companies include Schell City Lumber, Dave's Repair Service, and County Line Café & Grill. The cost of living in Schell City is much lower than the national average as reflected by the 2 bedroom rent of $800 versus $1,430 in the United States as well as the Grocery Cost Index which stands at 90 versus 100 nationally. This makes Schell City an attractive option for anyone looking for reasonable prices on everyday items.
Schell City has an unemployment rate of 3.5%. The US average is 6.0%.
Schell City has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 20.0%, which is lower than the US average of 33.5%.
Tax Rates for Schell City
- The Sales Tax Rate for Schell City is 7.7%. The US average is 7.3%.
- The Income Tax Rate for Schell City 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 Schell City
- The average income of a Schell City resident is $12,346 a year. The US average is $28,555 a year.
- The Median household income of a Schell City resident is $24,583 a year. The US average is $69,021 a year.