Virgil, MO Economy


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United States / Missouri / No Metro Area / Vernon County / Virgil / Zip Codes
Virgil, MO is a small town in Missouri that offers residents a rural lifestyle with all the amenities of a larger area. The town is home to several local businesses, including Virgil Hardware, Grandma's Diner, and Farmer's Market. The cost of living in Virgil is considerably lower than other places in the US. For example, groceries are 7 percent cheaper than the national average. Rent for a two-bedroom apartment in Virgil is about $770 per month which is 46 percent lower than the national average for two bedroom apartments. Overall, Virgil provides residents with a peaceful and affordable place to call home.

Virgil has an unemployment rate of 3.5%. The US average is 6.0%.

Virgil 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 20.0%, which is lower than the US average of 33.5%.

Tax Rates for Virgil
- The Sales Tax Rate for Virgil is 7.7%. The US average is 7.3%.
- The Income Tax Rate for Virgil 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 Virgil
- The average income of a Virgil resident is $19,916 a year. The US average is $28,555 a year.
- The Median household income of a Virgil resident is $43,333 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVirgil, MissouriUnited States
  3.56
  -0.7%-6.2%
  20.0%33.5%
  5.2%6.2%
  5.4%4.6%
  $10,386$37,638
  $43,333$69,021
  $43,095$85,028
  Population by Occupation
  13.1%1.2%
  0.0%0.5%
  0.0%6.8%
  52.5%10.0%
  0.0%2.5%
  5.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  7.5%7.6%
  0.0%0.1%
  0.0%4.2%
  3.1%9.3%
  18.8%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
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