Howard County, MO Economy


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United States / Missouri / No Metro Area / Howard County / Cities / Zip Codes
Howard MO County is a great place to live in. It offers low rent rates for a two bedroom apartment, with an average of only $790, which is quite low compared to the US average of $1,430. In addition to this, the Grocery Cost Index in Howard County is 95 as opposed to the national index of 100 – meaning it's cheaper to purchase groceries here than other parts of the US. Not only that but there are some excellent local businesses in Howard County such as Acme Auto Parts, Bank of America, Wainwright's Tire Shop and Hardee's Restaurant. When you factor in the lower cost of living here, it makes Howard an excellent choice for those looking for a new home.

Howard County has an unemployment rate of 3.1%. The US average is 6.0%.

Howard County has seen the job market increase by 0.0% 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 Howard County
- The Sales Tax Rate for Howard County is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Howard 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 Howard County
- The average income of a Howard County resident is $23,082 a year. The US average is $28,555 a year.
- The Median household income of a Howard County resident is $58,596 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHoward, MissouriUnited States
  3.16
  -2.0%-6.2%
  25.5%33.5%
  6.9%6.2%
  5.4%4.6%
  $25,827$37,638
  $58,596$69,021
  $72,005$85,028
  Population by Occupation
  3.9%1.2%
  0.7%0.5%
  6.3%6.8%
  9.4%10.0%
  1.3%2.5%
  13.5%11.0%
  3.3%4.8%
  1.9%0.8%
  0.3%1.9%
  6.1%4.7%
  0.4%1.9%
  1.0%7.6%
  0.0%0.1%
  1.6%4.2%
  19.2%9.3%
  15.2%14.0%
  1.9%2.1%
  5.9%7.0%
  4.6%4.8%
  3.7%4.7%
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