Allendale, MO is a small rural town located in the Northwest corner of Missouri. The population is 64420 and the 2 bedroom rent is $670. This rate is significantly lower than the US average of $1,430. Additionally, Allendale has a grocery cost index of 93 versus 100 in the US. This indicates that groceries purchased in this area are slightly cheaper than those purchased elsewhere.
Several local companies are based around Allendale which include Green Hills Dairy Farm, Edward Jones Investments, and Winchester Welding & Fabrication. These companies provide employment and economic opportunities to residents of the town. In addition to these businesses, there are also many smaller shops and stores located throughout Allendale that offer goods at reasonable prices. The overall cost of living index for Allendale is quite low making it an attractive option for those looking to move to an area with a low cost of living but still enjoy the comforts of home.
Allendale (zip 64420) has an unemployment rate of 2.9%. The US average is 6.0%.
Allendale (zip 64420) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 16.7%, which is lower than the US average of 33.5%.
Tax Rates for Allendale (zip 64420)
- The Sales Tax Rate for Allendale (zip 64420) is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Allendale (zip 64420) 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 Allendale (zip 64420)
- The average income of a Allendale (zip 64420) resident is $16,602 a year. The US average is $28,555 a year.
- The Median household income of a Allendale (zip 64420) resident is $63,125 a year. The US average is $69,021 a year.