Randolph, MO County is a great place to live and work. It has a low cost of living with an average 2 bedroom rent of $750 compared to the US average of $1,430. The cost of groceries is also lower than many areas with a Grocery Cost Index of 94 versus 100 in the US. Randolph offers its residents ample employment opportunities with several major companies such as Walmart, Monsanto, and Schreiber Foods with good wages and benefits. The county's economy is stable and growing due to these employers who provide much needed jobs for the local community.
Randolph County has an unemployment rate of 4.4%. The US average is 6.0%.
Randolph County has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 18.2%, which is lower than the US average of 33.5%.
Tax Rates for Randolph County
- The Sales Tax Rate for Randolph County is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Randolph 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 Randolph County
- The average income of a Randolph County resident is $18,263 a year. The US average is $28,555 a year.
- The Median household income of a Randolph County resident is $51,403 a year. The US average is $69,021 a year.