Stover, MO Economy


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United States / Missouri / No Metro Area / Morgan County / Stover / Zip Codes
Stover, MO is a small city situated in the southern part of Missouri. It is a quiet and peaceful place with a population of around 2,000 people. Stover is known for its low cost of living and many amenities such as grocery stores, restaurants, shopping centers, and entertainment venues. The average rent for a two-bedroom apartment in Stover is only $750 compared to the national average of $1,430. The Grocery Cost Index in Stover is 93 versus 100 in the US; making groceries more affordable than most other places. Local companies in Stover include Walmart Superstore, Metro Mart Grocery Store, Bee Em Outfitters clothing store, El Dorado Mexican Restaurant and Barbecue Ranch.

Stover has an unemployment rate of 5.3%. The US average is 6.0%.

Stover has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 20.4%, which is lower than the US average of 33.5%.

Tax Rates for Stover
- The Sales Tax Rate for Stover is 5.7%. The US average is 7.3%.
- The Income Tax Rate for Stover 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 Stover
- The average income of a Stover resident is $15,517 a year. The US average is $28,555 a year.
- The Median household income of a Stover resident is $34,773 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyStover, MissouriUnited States
  5.36
  0.1%-6.2%
  20.4%33.5%
  5.7%6.2%
  5.4%4.6%
  $20,610$37,638
  $34,773$69,021
  $62,500$85,028
  Population by Occupation
  2.5%1.2%
  0.0%0.5%
  1.7%6.8%
  24.1%10.0%
  1.7%2.5%
  11.2%11.0%
  0.0%4.8%
  0.0%0.8%
  10.1%1.9%
  1.7%4.7%
  0.0%1.9%
  1.7%7.6%
  0.0%0.1%
  3.4%4.2%
  10.4%9.3%
  19.0%14.0%
  0.0%2.1%
  1.7%7.0%
  2.8%4.8%
  8.1%4.7%
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