Wheatland, MO Economy


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United States / Missouri / No Metro Area / Hickory County / Wheatland / Zip Codes
Wheatland, Missouri is a small town located in Hickory County. It's a great place to live with many local businesses offering a variety of services. The cost of living in Wheatland is much lower than the national average, as 2 bedroom rent is only $730 compared to the US average of $1,430. Grocery costs are also lower, with an index score of 93 compared to the nation's 100. There are several companies based in Wheatland, such as NAPA Auto Parts, Main Street Cafe & Bakery and K&R Feed Store. All these provide quality products and services at an affordable rate, making it easier for people to enjoy living in this charming town.

Wheatland has an unemployment rate of 4.3%. The US average is 6.0%.

Wheatland has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.

Tax Rates for Wheatland
- The Sales Tax Rate for Wheatland is 7.7%. The US average is 7.3%.
- The Income Tax Rate for Wheatland 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 Wheatland
- The average income of a Wheatland resident is $10,840 a year. The US average is $28,555 a year.
- The Median household income of a Wheatland resident is $26,406 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWheatland, MissouriUnited States
  4.36
  0.4%-6.2%
  30.2%33.5%
  7.7%6.2%
  5.4%4.6%
  $14,207$37,638
  $26,406$69,021
Family Median Income 85028
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