Monroe, MO County is an affordable place to live for those looking to rent a two bedroom apartment. Rent for a two bedroom here is around $750 per month compared to the national average of $1,430. Additionally, the Grocery Cost Index in this county is 94 versus 100 in the US. For those looking for employment opportunities, Monroe, MO County has many local companies including Ouachita Industries, Boothill Rental & Supply Company, and Monroe Title Co. All these businesses provide great employment opportunities and help keep the local economy thriving.
Monroe County has an unemployment rate of 4.9%. The US average is 6.0%.
Monroe 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 10.0%, which is lower than the US average of 33.5%.
Tax Rates for Monroe County
- The Sales Tax Rate for Monroe County is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Monroe 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 Monroe County
- The average income of a Monroe County resident is $20,303 a year. The US average is $28,555 a year.
- The Median household income of a Monroe County resident is $46,441 a year. The US average is $69,021 a year.