Wyaconda, MO Economy


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Wyaconda, MO is an idyllic town located in northeastern Missouri. The cost of living there is very affordable, with 2 bedroom rent averaging $730 a month compared to the US average of $1,430. The grocery cost index is also lower than the US average at 93 to 100. The community offers small businesses such as Miller's Grocery, Montgomery Auto Shop, and Wyaconda Bakery which all offer goods and services necessary for daily life at an affordable price. Overall, Wyaconda has an excellent quality of life with its low cost of living and local businesses that provide what the community needs.

Wyaconda has an unemployment rate of 4.8%. The US average is 6.0%.

Wyaconda has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 10.5%, which is lower than the US average of 33.5%.

Tax Rates for Wyaconda
- The Sales Tax Rate for Wyaconda is 7.7%. The US average is 7.3%.
- The Income Tax Rate for Wyaconda 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 Wyaconda
- The average income of a Wyaconda resident is $15,939 a year. The US average is $28,555 a year.
- The Median household income of a Wyaconda resident is $33,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWyaconda, MissouriUnited States
  4.86
  -2.7%-6.2%
  10.5%33.5%
  7.7%6.2%
  5.4%4.6%
  $23,348$37,638
  $33,000$69,021
  $51,250$85,028
  Population by Occupation
  25.3%1.2%
  0.0%0.5%
  25.3%6.8%
  13.3%10.0%
  2.7%2.5%
  2.7%11.0%
  0.0%4.8%
  5.3%0.8%
  0.0%1.9%
  1.3%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  10.7%4.2%
  0.0%9.3%
  5.3%14.0%
  0.0%2.1%
  5.3%7.0%
  2.7%4.8%
  0.0%4.7%
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