Shelby, MO County is a great place to live and work. With its affordable rent and grocery cost index, it attracts many people looking for a good quality of life. The two bedroom rent in Shelby is $750, which is substantially lower than the US average at $1,430. In addition, the Grocery Cost Index in Shelby is 92 versus 100 in the US. This indicates that grocery items are 8% cheaper than other parts of the country. There are a variety of local companies based in Shelby such as Walmart, Lowe's Home Improvement Store and Arvest Bank offering employment opportunities to those who reside there. Additionally, there are plenty of restaurants serving up delicious cuisine with reasonable prices making it easy to save money while still enjoying all that Shelby has to offer. All in all, Shelby makes for an excellent place to call home with its low cost of living and abundance of amenities.
Shelby County has an unemployment rate of 3.7%. The US average is 6.0%.
Shelby County has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 23.1%, which is lower than the US average of 33.5%.
Tax Rates for Shelby County
- The Sales Tax Rate for Shelby County is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Shelby 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 Shelby County
- The average income of a Shelby County resident is $25,878 a year. The US average is $37,638 a year.
- The Median household income of a Shelby County resident is $46,178 a year. The US average is $69,021 a year.