Vernon County, MO Economy


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United States / Missouri / No Metro Area / Vernon County / Cities / Zip Codes
Vernon, MO County is a great place to live and work. With a 2 bedroom rent of only $810, it's significantly cheaper than the US average ($1,430). Additionally, grocery costs are also relatively lower in Vernon County – 91 compared to 100 nationally. The town is home to many businesses such as Hamilton Steel Inc., Valley Industries LLC, and Phillips Plastics Corporation. Each of these companies specializes in different types of services and products from steel fabrication to the production of specialized plastic products. With its affordable living expenses and variety of local employment opportunities Vernon County is an ideal place to call home.

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

Vernon County has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 20.0%, which is lower than the US average of 33.5%.

Tax Rates for Vernon County
- The Sales Tax Rate for Vernon County is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Vernon 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 Vernon County
- The average income of a Vernon County resident is $20,406 a year. The US average is $28,555 a year.
- The Median household income of a Vernon County resident is $49,494 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVernon, MissouriUnited States
  3.56
  -0.7%-6.2%
  20.0%33.5%
  5.2%6.2%
  5.4%4.6%
  $24,771$37,638
  $49,494$69,021
  $62,255$85,028
  Population by Occupation
  8.1%1.2%
  0.2%0.5%
  7.7%6.8%
  12.6%10.0%
  2.6%2.5%
  11.1%11.0%
  2.3%4.8%
  0.4%0.8%
  0.9%1.9%
  6.2%4.7%
  1.2%1.9%
  3.1%7.6%
  0.0%0.1%
  2.7%4.2%
  11.1%9.3%
  15.7%14.0%
  1.2%2.1%
  4.4%7.0%
  4.1%4.8%
  4.5%4.7%
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