Walnut Grove, MO is a small town that offers a peaceful and laid back lifestyle. The average rent for two bedroom apartments in this town is $750, which is much lower than the average of $1,430 for two bedroom apartments in the US. Additionally, grocery costs in Walnut Grove are quite low with an index of 95 compared to the US index of 100. Residents can find all their shopping needs at local stores such as Walmart, Dollar General and Family Dollar. There are also small businesses located in the area such as Big Oak Cafe, Country Corner Grocery and Farmers Market and Lockwood's Deli & Ice Cream Parlor. With its affordable housing and cost of groceries, Walnut Grove is an ideal place to settle down and call home.
Walnut Grove has an unemployment rate of 3.6%. The US average is 6.0%.
Walnut Grove 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 28.8%, which is lower than the US average of 33.5%.
Tax Rates for Walnut Grove
- The Sales Tax Rate for Walnut Grove is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Walnut Grove 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 Walnut Grove
- The average income of a Walnut Grove resident is $20,543 a year. The US average is $28,555 a year.
- The Median household income of a Walnut Grove resident is $47,550 a year. The US average is $69,021 a year.