Seneca, MO is an idyllic small town in the Midwest. It has a population of around 4,000 people and a friendly atmosphere that makes it a great place to live and work. The cost of living in Seneca is low as evidenced by the two bedroom rent at $750 compared to the US average of $1,430. Groceries are also reasonably priced at 92 on the Cost Index versus 100 in the US. There are many local businesses that offer goods and services such as Seneca Supermarket, William's Automotive Repair, Supreme Chinese Takeout, and O'Neill Boutique. These businesses provide employment opportunities for locals while helping to keep costs down within the town.
Seneca has an unemployment rate of 3.9%. The US average is 6.0%.
Seneca has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 23.4%, which is lower than the US average of 33.5%.
Tax Rates for Seneca
- The Sales Tax Rate for Seneca is 5.4%. The US average is 7.3%.
- The Income Tax Rate for Seneca 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 Seneca
- The average income of a Seneca resident is $16,726 a year. The US average is $28,555 a year.
- The Median household income of a Seneca resident is $38,780 a year. The US average is $69,021 a year.