Zip 63620 (Annapolis, MO) Economy


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United States / Missouri / No Metro Area / Iron County / Annapolis / Annapolis (zip 63620)
Annapolis, Missouri (63620) is an idyllic small town situated in Iron County in the heart of America's rust belt region. It is home to a population of around 570 people and has a variety of local businesses that cater to the needs of its residents. Two-bedroom rent averages at $760, which is much lower than the national average of $1,430. The cost of living index, including grocery costs, in Annapolis is only 93 compared to 100 in the US.
Local companies include B & C Grocery Store for fresh produce and meats as well as Mahan's Auto Supply for car parts and supplies. There are also several restaurants such as DeLong's Restaurant and Bar for steaks and pizza. Other entertainment options include Doe Run Country Club with its 18-hole golf course and bowling alley as well as Annapolis Cinema 8 movie theater for family fun activities. All these attractions make Annapolis a desirable place to live with affordable two bedroom rental rates at about $760 per month.

Annapolis (zip 63620) has an unemployment rate of 6.2%. The US average is 6.0%.

Annapolis (zip 63620) has seen the job market decrease by -2.7% over the last year. Future job growth over the next ten years is predicted to be 5.1%, which is lower than the US average of 33.5%.

Tax Rates for Annapolis (zip 63620)
- The Sales Tax Rate for Annapolis (zip 63620) is 6.7%. The US average is 7.3%.
- The Income Tax Rate for Annapolis (zip 63620) 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 Annapolis (zip 63620)
- The average income of a Annapolis (zip 63620) resident is $23,380 a year. The US average is $37,638 a year.
- The Median household income of a Annapolis (zip 63620) resident is $52,159 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAnnapolis, MissouriUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
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    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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