Daviess County, MO Economy


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United States / Missouri / No Metro Area / Daviess County / Cities / Zip Codes
Daviess County, MO is a great place to live with an affordable cost of living. The average rent for a two-bedroom apartment in Daviess County is $750 compared to the national average at $1,430 making it an attractive option for those looking for more affordable accommodations. Additionally, the grocery cost index in Daviess County is 94 compared to 100 nationally, making food costs lower than average. This makes it easier for residents to save money while still enjoying their favorite meals. In addition to the low cost of living, Daviess County also boasts a number of well-known companies such as HyVee Food Stores, US Bank and Herrington Motors which provide employment opportunities for locals. With its abundance of business and affordable housing options, Daviess County is an inviting place to call home.

Daviess County has an unemployment rate of 4.0%. The US average is 6.0%.

Daviess County has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 23.7%, which is lower than the US average of 33.5%.

Tax Rates for Daviess County
- The Sales Tax Rate for Daviess County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Daviess 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 Daviess County
- The average income of a Daviess County resident is $19,726 a year. The US average is $28,555 a year.
- The Median household income of a Daviess County resident is $55,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDaviess, MissouriUnited States
  46
  0.1%-6.2%
  23.7%33.5%
  6.2%6.2%
  5.4%4.6%
  $26,248$37,638
  $55,750$69,021
  $65,781$85,028
  Population by Occupation
  5.7%1.2%
  0.1%0.5%
  8.9%6.8%
  14.6%10.0%
  2.2%2.5%
  13.1%11.0%
  3.5%4.8%
  0.9%0.8%
  2.0%1.9%
  5.2%4.7%
  0.2%1.9%
  1.6%7.6%
  0.0%0.1%
  1.8%4.2%
  9.6%9.3%
  10.6%14.0%
  0.9%2.1%
  4.6%7.0%
  4.5%4.8%
  10.1%4.7%
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