Montgomery, MO County is located in the eastern part of Missouri. This county offers a great quality of life with low 2 bedroom rent of $750 per month compared to $1,430 nationally. Grocery Cost Index in this county is also lower than the national average at 94 versus 100. Local companies around Montgomery include Mid Rivers Chrysler Dodge Jeep RAM that provides automotive services, and Louisville Tile Company that provides tile flooring solutions. Furthermore, there are many other local businesses around for all kinds of needs such as restaurants, hotels, and supermarkets.
Montgomery County has an unemployment rate of 3.7%. The US average is 6.0%.
Montgomery 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 24.2%, which is lower than the US average of 33.5%.
Tax Rates for Montgomery County
- The Sales Tax Rate for Montgomery County is 7.2%. The US average is 7.3%.
- The Income Tax Rate for Montgomery 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 Montgomery County
- The average income of a Montgomery County resident is $20,529 a year. The US average is $28,555 a year.
- The Median household income of a Montgomery County resident is $54,390 a year. The US average is $69,021 a year.