Polk County, MO Economy


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United States / Missouri / / Polk County / Cities / Zip Codes
equestId":"d65d553f-ecc4-40b8-a6a4-301da4fb1cee","resource":"content","data":[{"id":"txt_8456a2a06f81452eac1fe0039ff56f75","text":", and explain the cost of living.\n \nPolk, MO County is an affordable place to live with an average two-bedroom rent of $750. This is significantly lower than the national average of $1,430. Additionally, grocery costs in Polk County are considerably lower than those across the country as the grocery cost index for Polk County is 96 compared to 100 nationally. This makes living in Polk County a great option for families looking to save money or those on a fixed income. The area offers many local businesses including restaurants, shopping malls, and entertainment venues. Local companies include the Olive Tree Theater and Joe's Cafe. With its low rental rates and low grocery prices, Polk County is a great place to live within Missouri with an excellent cost of living.

Polk County has an unemployment rate of 3.5%. The US average is 6.0%.

Polk County has seen the job market increase by 0.9% 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 Polk County
- The Sales Tax Rate for Polk County is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Polk 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 Polk County
- The average income of a Polk County resident is $19,357 a year. The US average is $28,555 a year.
- The Median household income of a Polk County resident is $50,890 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPolk, MissouriUnited States
  3.56
  -1.9%-6.2%
  26.7%33.5%
  5.6%6.2%
  5.4%4.6%
  $24,628$37,638
  $50,890$69,021
  $61,681$85,028
  Population by Occupation
  4.4%1.2%
  0.0%0.5%
  7.8%6.8%
  12.0%10.0%
  2.5%2.5%
  11.2%11.0%
  3.3%4.8%
  1.0%0.8%
  1.4%1.9%
  3.5%4.7%
  0.8%1.9%
  5.0%7.6%
  0.1%0.1%
  3.1%4.2%
  11.6%9.3%
  16.9%14.0%
  1.3%2.1%
  7.0%7.0%
  3.9%4.8%
  3.1%4.7%
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