Woodson Terrace is a small city in Missouri with a population of 7,359. It is known for its affordable housing, with the average 2 bedroom rent costing $1,060 compared to the US average of $1,430. It also has a lower grocery cost index of 92 compared to 100 in the US. In addition to its affordability, Woodson Terrace also offers many local amenities and businesses such as Blackjack Pizza & Subs, Little Buddha Chinese Restaurant, All Season Tire & Auto Service Center, and more. The city also boasts several parks, schools and churches for residents to enjoy.
Woodson Terrace has an unemployment rate of 4.5%. The US average is 6.0%.
Woodson Terrace has seen the job market decrease by -4.8% 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 Woodson Terrace
- The Sales Tax Rate for Woodson Terrace is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Woodson Terrace 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 Woodson Terrace
- The average income of a Woodson Terrace resident is $23,660 a year. The US average is $37,638 a year.
- The Median household income of a Woodson Terrace resident is $51,781 a year. The US average is $69,021 a year.