Sedalia, MO Economy


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equestId":"0943bbf7-e36f-467e-b6ca-d887828a4023","resource":"content","data":[{"id":"txt_eeedae1c10c549c7baa18052a81fc941","text":", and state their cost advantages\n \nSedalia, MO is an affordable place to live with a 2 bedroom rent of $760 compared to the US average of $1,430. Its grocery cost index is 94 as opposed to the US rate of 100. This makes it a great option for those looking for more affordable housing and living costs. Sedalia has many local businesses such as NewCo, which offers excellent quality products at the best prices in town. It also has OldCo which provides goods and services at competitive rates that are hard to match elsewhere. This overall affordability makes Sedalia an attractive place to live for those who want to save money on daily expenses.

Sedalia has an unemployment rate of 5.8%. The US average is 6.0%.

Sedalia has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 19.7%, which is lower than the US average of 33.5%.

Tax Rates for Sedalia
- The Sales Tax Rate for Sedalia is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Sedalia 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 Sedalia
- The average income of a Sedalia resident is $18,230 a year. The US average is $28,555 a year.
- The Median household income of a Sedalia resident is $44,487 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySedalia, MissouriUnited States
  5.86
  -4.4%-6.2%
  19.7%33.5%
  8.1%6.2%
  5.4%4.6%
  $26,433$37,638
  $44,487$69,021
  $57,917$85,028
  Population by Occupation
  1.0%1.2%
  0.3%0.5%
  6.0%6.8%
  21.6%10.0%
  3.6%2.5%
  12.9%11.0%
  3.5%4.8%
  0.6%0.8%
  1.1%1.9%
  1.1%4.7%
  1.1%1.9%
  3.3%7.6%
  0.1%0.1%
  3.0%4.2%
  8.6%9.3%
  15.4%14.0%
  1.5%2.1%
  8.0%7.0%
  5.2%4.8%
  2.2%4.7%
Reviews for Sedalia
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There is not one thing I can say about this town, other than it's proximity to better towns in all directions, that would inspire any one to move here. I have found  More

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I would not recommend this town to anyone with a young family or a family/individual who does not own transportation. No culture. No economy. HIGH Crime. Google lists 67  More

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Over 13 years ago

We came here in 2001 after living in Myrtle Beach SC for 13 years. We ended up here because I was offered and accepted a position at Whiteman AFB. Mostly, It's been  More

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