McDonald, MO County is an ideal location for those looking for a comfortable and affordable lifestyle. It is home to many local businesses such as McDonald Grocery Store, McDonald Auto Parts, and McDonald Florist. The average two-bedroom rental in the county is only $750 compared to the US average of $1,430. This makes it an attractive option to potential renters who are looking for value for their money in terms of housing costs. Additionally, the grocery cost index in McDonald County is 93 compared to 100 in the US making groceries an even more economical purchase. All of these factors combined make McDonald, MO County an attractive place to live.
McDonald County has an unemployment rate of 3.8%. The US average is 6.0%.
McDonald County has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 34.4%, which is higher than the US average of 33.5%.
Tax Rates for McDonald County
- The Sales Tax Rate for McDonald County is 6.3%. The US average is 7.3%.
- The Income Tax Rate for McDonald 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 McDonald County
- The average income of a McDonald County resident is $20,945 a year. The US average is $37,638 a year.
- The Median household income of a McDonald County resident is $43,086 a year. The US average is $69,021 a year.