Holts Summit, MO Economy


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Holts Summit, MO is a small city located near Jefferson City in Callaway County. Holts Summit is a great place to live with its lower rental costs and grocery cost index compared to the national average. The 2 Bedroom rent is $940 compared to the US average of $1,430, and the Grocery Cost Index is 97 versus 100 in the US. Some popular local businesses include Holts Summit True Value Hardware Store, Price Chopper Supermarket, and Apex Fitness. Other well known companies which have locations in the city are Subway Sandwich Shop, Taco Bell, McDonald's and O'Reilly Auto Parts.

Holts Summit has an unemployment rate of 3.5%. The US average is 6.0%.

Holts Summit has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.

Tax Rates for Holts Summit
- The Sales Tax Rate for Holts Summit is 5.7%. The US average is 7.3%.
- The Income Tax Rate for Holts Summit 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 Holts Summit
- The average income of a Holts Summit resident is $27,888 a year. The US average is $37,638 a year.
- The Median household income of a Holts Summit resident is $72,947 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHolts Summit, MissouriUnited States
  3.56
  -1.5%-6.2%
  25.5%33.5%
  5.7%6.2%
  5.4%4.6%
  $27,888$37,638
  $72,947$69,021
  $75,845$85,028
  Population by Occupation
  0.6%1.2%
  0.6%0.5%
  0.9%6.8%
  8.3%10.0%
  1.8%2.5%
  7.3%11.0%
  2.2%4.8%
  4.3%0.8%
  3.5%1.9%
  6.6%4.7%
  3.0%1.9%
  1.6%7.6%
  0.4%0.1%
  1.9%4.2%
  5.7%9.3%
  14.8%14.0%
  2.9%2.1%
  3.6%7.0%
  3.5%4.8%
  26.4%4.7%
Health
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