Sparta, MO is a small town located in southwest Missouri. It is home to a variety of local companies that offer products and services for the small-town community. Two examples are the Family Dollar, which provides a wide variety of household items at affordable prices, and the Sparta Pharmacy, which offers personalized medication services and other health care needs. The 2 bedroom rent in Sparta is much lower than the US average at $800 compared to $1,430 for the rest of the country. Additionally, grocery costs are also cheaper with an index rating of 96 versus 100 in the US. This makes Sparta an attractive option for those looking for both affordability and convenience.
Sparta has an unemployment rate of 3.4%. The US average is 6.0%.
Sparta has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 30.8%, which is lower than the US average of 33.5%.
Tax Rates for Sparta
- The Sales Tax Rate for Sparta is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sparta 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 Sparta
- The average income of a Sparta resident is $16,927 a year. The US average is $28,555 a year.
- The Median household income of a Sparta resident is $56,250 a year. The US average is $69,021 a year.