Ferrelview, MO is a great place to live for those who are looking for an affordable lifestyle. It is located in Jackson county and offers residents a low cost of living with the average two bedroom rent at only $940 compared to the US average of $1,430. The grocery cost index in Ferrelview also stands at 94 which is lower than the national average of 100. Local businesses such as Ferrelview Stationers, All Day Tires, and K&S Appliance offer services and products that cater to the needs of residents. Despite its small size, Ferrelview has amenities that make it an ideal place to live with a low cost of living.
Ferrelview has an unemployment rate of 3.8%. The US average is 6.0%.
Ferrelview has seen the job market decrease by -3.8% over the last year. Future job growth over the next ten years is predicted to be 36.0%, which is higher than the US average of 33.5%.
Tax Rates for Ferrelview
- The Sales Tax Rate for Ferrelview is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Ferrelview 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 Ferrelview
- The average income of a Ferrelview resident is $22,418 a year. The US average is $37,638 a year.
- The Median household income of a Ferrelview resident is $38,611 a year. The US average is $69,021 a year.