Platte City, MO is a quaint city located in Platte County. It offers a variety of recreational activities, local businesses, and a low cost of living for its residents. The median two-bedroom rent in Platte City is $1,290 compared to $1,430 in the US. Additionally, the grocery cost index in Platte City is 101 versus 100 in the US. As such, it is an attractive place to live for those looking for more affordable housing and groceries. Local businesses like Platte Valley Bank and ReMax Advantage are great assets to the community as well as places like The Corral Bar & Grill and Platte County Memorial Library that offer additional amenities for residents. Altogether, Platte City has a great deal to offer its citizens with its low cost of living and extensive services.
Platte City has an unemployment rate of 3.8%. The US average is 6.0%.
Platte City has seen the job market increase by 1.3% 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 Platte City
- The Sales Tax Rate for Platte City is 5.6%. The US average is 7.3%.
- The Income Tax Rate for Platte 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 Platte City
- The average income of a Platte City resident is $29,031 a year. The US average is $28,555 a year.
- The Median household income of a Platte City resident is $58,039 a year. The US average is $69,021 a year.