Moberly, MO Metro Area is a great place to live and work. The cost of living is low compared to other cities in the US, with a two bedroom rental typically costing about $750, while the national average for such rentals is $1,430. Additionally, the Grocery Cost Index in Moberly is 94 out of 100 compared to the national average. This makes it an affordable option for people looking for places to live or start businesses. The area is home to several businesses including Moberly Communications Network which provides services such as internet and television; Commerce Bank which offers banking services; Central Missouri Electric Company which facilitates energy needs; and Farm Bureau Insurance which provides insurance solutions. There are also many restaurants and shopping centers throughout the area providing plenty of amenities for residents.
Moberly Metro Area has an unemployment rate of 4.4%. The US average is 6.0%.
Moberly Metro Area has seen the job market decrease by -3.0% 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 Moberly Metro Area
- The Sales Tax Rate for Moberly Metro Area is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Moberly Metro Area 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 Moberly Metro Area
- The average income of a Moberly Metro Area resident is $24,324 a year. The US average is $37,638 a year.
- The Median household income of a Moberly Metro Area resident is $51,403 a year. The US average is $69,021 a year.