Washington, MO is an attractive small city located in the heart of Missouri. This vibrant city provides plenty of opportunities for entertainment and recreation in addition to an array of local businesses to explore and enjoy. Companies such as Ernst & Son Construction, Hosemann Metals Inc, Kaskaskia Tool & Die Co., and Washington Wholesale are just a few of the local businesses that make Washington an exciting place to live. Furthermore, Washington offers affordable housing with 2 bedroom rent priced at $840 compared to the US average of $1,430. Despite its small size, the cost of living index in Washington is 98 versus 100 in the US which makes it a great option for those looking for a cost-effective place to live. All these factors make Washington a desirable place to call home.
Washington has an unemployment rate of 4.3%. The US average is 6.0%.
Washington has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 28.5%, which is lower than the US average of 33.5%.
Tax Rates for Washington
- The Sales Tax Rate for Washington is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Washington 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 Washington
- The average income of a Washington resident is $27,664 a year. The US average is $28,555 a year.
- The Median household income of a Washington resident is $71,159 a year. The US average is $69,021 a year.