Clay, MO County is a great place to live due to the relatively low cost of living. The average 2 bedroom rent is $1,160 per month, which is significantly lower than the US average rent of $1,430 for similar sized homes. Additionally, the Grocery Cost Index in Clay County is 99 versus 100 in the US, indicating that overall groceries are slightly cheaper in Clay County as well. This makes Clay County an ideal area for those who want to save money on monthly expenses without sacrificing quality of life. In addition to reasonable costs of living, Clay County is home to many businesses like Miller's Bakery and AAA Equipment Rentals, providing excellent services at competitive prices.
Clay County has an unemployment rate of 4.2%. The US average is 6.0%.
Clay County 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 33.8%, which is higher than the US average of 33.5%.
Tax Rates for Clay County
- The Sales Tax Rate for Clay County is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Clay 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 Clay County
- The average income of a Clay County resident is $37,497 a year. The US average is $37,638 a year.
- The Median household income of a Clay County resident is $75,596 a year. The US average is $69,021 a year.