Winchester, MO is a small town in the midwest part of Missouri with a population of just over 1,000 people. It's known for its low cost of living and great outdoor activities. The average two bedroom rent in Winchester is $1,170, which is significantly lower than the US average at $1,430. The grocery cost index in Winchester is 101 compared to 100 in the US.
The town offers many cultural attractions such as art galleries, museums and music concerts at the local park during the summer months. There are also plenty of family friendly businesses such as The Main Street Mercantile for home decor items and gifts, Spencer's Pizzeria for amazing Italian food, Towne Square Theatre for movie nights out with friends and families and The Park Inn Bed & Breakfast for a relaxing getaway.
Winchester has an unemployment rate of 4.5%. The US average is 6.0%.
Winchester has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Winchester
- The Sales Tax Rate for Winchester is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Winchester 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 Winchester
- The average income of a Winchester resident is $23,401 a year. The US average is $28,555 a year.
- The Median household income of a Winchester resident is $77,571 a year. The US average is $69,021 a year.