Wellsville, MO is a small town known for its friendly atmosphere and low cost of living. The average two bedroom rent in Wellsville is much lower than the national average, at $730 compared to $1,430. This makes it an attractive place to settle down. In addition, grocery costs are 93 versus 100 in the US, making food more affordable as well. Local companies offering jobs include Wellsville Manufacturing Corporation, Ace Hardware, and Nelson Trucking. With such a low cost of living and plenty of job opportunities, Wellsville is an attractive option for people looking to move to a new area.
Wellsville has an unemployment rate of 3.7%. The US average is 6.0%.
Wellsville has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.
Tax Rates for Wellsville
- The Sales Tax Rate for Wellsville is 8.2%. The US average is 7.3%.
- The Income Tax Rate for Wellsville 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 Wellsville
- The average income of a Wellsville resident is $17,849 a year. The US average is $37,638 a year.
- The Median household income of a Wellsville resident is $43,516 a year. The US average is $69,021 a year.