Stotts City, MO is a small city with a population of about 5,000 people. Located in the midwestern United States, this city is known for its friendly atmosphere and rural charm. It has many local businesses such as Stotts City Hardware and Falcon Construction. Rent for a two bedroom apartment is affordable at $690 per month compared to the US average of $1,430 per month. Grocery costs are also significantly lower than the national average with an index of 98 versus 100 in the US. The citizens of Stotts City are proud of their community and enjoy spending time outdoors fishing, camping, and hiking. Local festivals such as the annual Stotts City Oktoberfest attract thousands each year and are celebrated with great enthusiasm.
Stotts City has an unemployment rate of 5.1%. The US average is 6.0%.
Stotts City has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.
Tax Rates for Stotts City
- The Sales Tax Rate for Stotts City is 5.9%. The US average is 7.3%.
- The Income Tax Rate for Stotts 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 Stotts City
- The average income of a Stotts City resident is $15,844 a year. The US average is $28,555 a year.
- The Median household income of a Stotts City resident is $52,813 a year. The US average is $69,021 a year.