Wood Heights, MO is an ideal place to live for those who are looking for affordability. The average 2 Bedroom Rent in Wood Heights is $930, significantly less than the US average of $1430. Additionally, the Grocery Cost Index in Wood Heights is 96 compared to 100 in the US. These figures demonstrate that living in Wood Heights can be financially advantageous over many other areas of the country. In addition to its competitive prices on housing and groceries, Wood Heights also has local businesses such as Big Joe's Hardware Store and K & H Bakery that provide goods and services from within the community. With its low rental rates and grocery costs coupled with local businesses, Wood Heights is a great choice for those seeking an affordable lifestyle.
Wood Heights has an unemployment rate of 4.6%. The US average is 6.0%.
Wood Heights has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.
Tax Rates for Wood Heights
- The Sales Tax Rate for Wood Heights is 8.2%. The US average is 7.3%.
- The Income Tax Rate for Wood Heights 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 Wood Heights
- The average income of a Wood Heights resident is $22,947 a year. The US average is $28,555 a year.
- The Median household income of a Wood Heights resident is $80,000 a year. The US average is $69,021 a year.