Willow Springs, MO Economy


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equestId":"4298071f-789d-4742-afb6-f58c4b4d62c1","resource":"content","data":[{"id":"txt_6b3ad454a1ee4ee688536afbd07c3aa2","text":" and use research data\nWillow Springs, MO is an excellent place to live for those looking for a budget-friendly lifestyle. The town's two bedroom rental prices are quite low at $750, making it much more affordable than the US average of $1,430. Additionally, grocery costs in Willow Springs are below the national average with a Grocery Cost Index of 93 compared to 100. There are many local companies that make up the vibrant economy of Willow Springs such as Ozark Mountain Poultry which produces poultry products for restaurants and institutions and G&M Trucking which provides trucking services around the area. With its low cost of living and thriving local businesses, Willow Springs is a great option for those looking for an affordable community to call home.

Willow Springs has an unemployment rate of 5.0%. The US average is 6.0%.

Willow Springs has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 19.8%, which is lower than the US average of 33.5%.

Tax Rates for Willow Springs
- The Sales Tax Rate for Willow Springs is 5.7%. The US average is 7.3%.
- The Income Tax Rate for Willow Springs 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 Willow Springs
- The average income of a Willow Springs resident is $14,635 a year. The US average is $28,555 a year.
- The Median household income of a Willow Springs resident is $42,143 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWillow Springs, MissouriUnited States
  56
  -4.0%-6.2%
  19.8%33.5%
  5.7%6.2%
  5.4%4.6%
  $20,064$37,638
  $42,143$69,021
  $48,403$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  3.5%6.8%
  11.4%10.0%
  1.3%2.5%
  27.6%11.0%
  6.2%4.8%
  0.2%0.8%
  0.0%1.9%
  1.3%4.7%
  0.0%1.9%
  1.0%7.6%
  0.0%0.1%
  2.6%4.2%
  8.8%9.3%
  16.0%14.0%
  0.7%2.1%
  11.8%7.0%
  3.7%4.8%
  3.8%4.7%
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