Zip 65344 (Miami, MO) Economy


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Miami, MO is an attractive city to live in with a population of 6,534. It offers numerous living opportunities at an affordable rate, with the average 2 bedroom rent being just $730. Additionally, grocery costs are lower than the national average, making it even more desirable for those looking for an inexpensive place to call home. A variety of stores can be found in the area that offer a range of prices. Walmart Supercenter and Price Cutter are two popular local stores that provide residents in Miami with groceries at a reasonable cost. Other businesses include Dollar General, The Mercado Grocery Store, and Little Caesars Pizza. Prices in these stores vary but tend to remain low compared to other locations across the country. With its low rents and affordable groceries, Miami is an ideal place to live for those looking for a good quality of life without breaking the bank.

Miami (zip 65344) has an unemployment rate of 3.4%. The US average is 6.0%.

Miami (zip 65344) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 17.1%, which is lower than the US average of 33.5%.

Tax Rates for Miami (zip 65344)
- The Sales Tax Rate for Miami (zip 65344) is 5.7%. The US average is 7.3%.
- The Income Tax Rate for Miami (zip 65344) 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 Miami (zip 65344)
- The average income of a Miami (zip 65344) resident is $19,066 a year. The US average is $28,555 a year.
- The Median household income of a Miami (zip 65344) resident is $53,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMiami, MissouriUnited States
  3.46
  -1.6%-6.2%
  17.1%33.5%
  6.2%6.2%
  5.4%4.6%
  $29,325$37,638
  $53,125$69,021
Family Median Income 85028
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