Buchanan, MO County is a great place to live with a lower cost of living than the US average. The two bedroom rent in Buchanan, MO County is $900, which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index in Buchanan, MO County is 95 versus 100 in the US, making it an affordable location for grocery shopping as well. There are many local companies that make up this county. These companies include Buchanan Energy LLC, J & J Trucking Company Inc., K&D Land Services Inc., and more. Overall, Buchanan, MO County has an affordable cost of living for individuals looking to move to the area or those already residing there.
Buchanan County has an unemployment rate of 3.9%. The US average is 6.0%.
Buchanan County has seen the job market decrease by -2.8% over the last year. Future job growth over the next ten years is predicted to be 28.4%, which is lower than the US average of 33.5%.
Tax Rates for Buchanan County
- The Sales Tax Rate for Buchanan County is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Buchanan County 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 Buchanan County
- The average income of a Buchanan County resident is $28,603 a year. The US average is $37,638 a year.
- The Median household income of a Buchanan County resident is $54,073 a year. The US average is $69,021 a year.