Sherman township (Harrison County), MO Economy


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United States / Missouri / No Metro Area / Harrison County / Sherman township (Harrison County) / Zip Codes
Sherman Township (Harrison Cnty), MO is a rural community located in northwest Missouri. The area is home to several local businesses, including Gates Farm Equipment, Greenview Grain, and Bowland's Veterinary Clinic. Rent for two-bedroom homes in the area stands at $750 per month, which is well below the U.S. average of $1,430. Additionally, grocery costs are also lower than usual in Sherman Township; the Grocery Cost Index in this region stands at 93 compared to a nationally-averaged 100. These factors combined contribute to creating an overall affordable cost of living for those looking to reside in Sherman Township (Harrison Cnty), MO.

Sherman township (Harrison County) has an unemployment rate of 3.3%. The US average is 6.0%.

Sherman township (Harrison County) 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 18.1%, which is lower than the US average of 33.5%.

Tax Rates for Sherman township (Harrison County)
- The Sales Tax Rate for Sherman township (Harrison County) is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Sherman township (Harrison 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 Sherman township (Harrison County)
- The average income of a Sherman township (Harrison County) resident is $34,779 a year. The US average is $37,638 a year.
- The Median household income of a Sherman township (Harrison County) resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySherman township (Harrison County), MissouriUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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