Garden City, MO Economy


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Garden City, MO is a great place to live for those who are looking for an affordable home and lifestyle. The 2 bedroom rent in Garden City is $920, which is much lower than the US average of $1,430. The Grocery Cost Index in Garden City is also 97 versus 100 in the US, indicating that groceries are generally cheaper too. This makes Garden City an attractive option for people looking to save money on their living expenses.
Garden City also has many local businesses that offer a variety of services for its residents. These include local banks such as First Bank, grocery stores like Howell Family Foods, and restaurants like Big T's BBQ. All of these businesses provide quality services to locals at competitive prices.
Compared to other cities in the US, Garden City offers a much more affordable cost of living without sacrificing the amenities or quality of life. With lower rent prices and low grocery costs, Garden City provides residents with an excellent value for their money and a reliable standard of living.

Garden City has an unemployment rate of 3.8%. The US average is 6.0%.

Garden City has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 33.0%, which is lower than the US average of 33.5%.

Tax Rates for Garden City
- The Sales Tax Rate for Garden City is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Garden City 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 Garden City
- The average income of a Garden City resident is $26,991 a year. The US average is $37,638 a year.
- The Median household income of a Garden City resident is $57,545 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGarden City, MissouriUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Health
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