Phelps County, MO Economy


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United States / Missouri / / Phelps County / Cities / Zip Codes
Phelps, MO County is a great place to live. With a 2 bedroom rent of $850, it is an affordable option for those looking for a comfortable home. Not only that but the cost of living is also lower than the national average, with a Grocery Cost Index of 95 compared to 100 in the US. \nFor entertainment and other amenities, Phelps offers many great options. There are plenty of local businesses such as restaurants, shops, and banks. There are also parks with trails and playgrounds for families to enjoy. Plus there’s easy access to nearby cities like Springfield or St Louis for even more recreation opportunities.

Phelps County has an unemployment rate of 3.7%. The US average is 6.0%.

Phelps County has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 26.7%, which is lower than the US average of 33.5%.

Tax Rates for Phelps County
- The Sales Tax Rate for Phelps County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Phelps 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 Phelps County
- The average income of a Phelps County resident is $26,375 a year. The US average is $37,638 a year.
- The Median household income of a Phelps County resident is $48,124 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPhelps, MissouriUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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