Sikeston Metro Area, MO Economy


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United States / Missouri / Sikeston Metro Area / Counties / Cities / Zip Codes
Sikeston, MO Metro Area is a great place to live due to its affordability and vibrant local businesses. Average rent for two bedrooms in the area is much lower than the national average, at just $830 per month compared to the US average of $1,430 per month. The Grocery Cost Index in Sikeston is also lower than the national average, at 93 versus 100 in the US. This makes it a very affordable place to live. Additionally, there are many locally owned businesses such as Food Giant Supermarkets, Dollar General and Yowell’s Furniture that provide residents with all their essential needs. All these factors make Sikeston an ideal location for people looking for a good quality of life without breaking the bank.

Sikeston Metro Area has an unemployment rate of 4.1%. The US average is 6.0%.

Sikeston Metro Area has seen the job market decrease by -1.8% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.

Tax Rates for Sikeston Metro Area
- The Sales Tax Rate for Sikeston Metro Area is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Sikeston 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 Sikeston Metro Area
- The average income of a Sikeston Metro Area resident is $27,221 a year. The US average is $37,638 a year.
- The Median household income of a Sikeston Metro Area resident is $50,556 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySikeston, MissouriUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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