Baring, Missouri (63531) is a small town in Adair County located about five miles west of Kirksville. The cost of living in Baring is substantially lower than what you'd find in many other parts of the US. On average, 2 bedroom rentals in Baring are approximately $780 compared to the US average of $1,430; grocery costs in Baring index at around 92 compared to 100 nationwide. Living in Baring offers affordable opportunities for individuals and families alike looking for an escape from busy city life.
Local businesses in the area include Red Oak Country Club, which serves as a premier golf course and outdoor recreation center; Wyman's Bowling Alley, a family-friendly bowling center; and Zimmerman’s Stove & Chimney Service which provides professional chimney services for all types of fireplaces and woodstoves. Residents can also enjoy horseback riding and hayrides at Quail Hill Ranch, or take part in educational day camps at The Wild Canid Survival Center LLC. With its low cost of living and abundance of local businesses, Baring is an ideal place to call home.
Baring (zip 63531) has an unemployment rate of 3.3%. The US average is 6.0%.
Baring (zip 63531) has seen the job market decrease by -1.6% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.
Tax Rates for Baring (zip 63531)
- The Sales Tax Rate for Baring (zip 63531) is 6.7%. The US average is 7.3%.
- The Income Tax Rate for Baring (zip 63531) 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 Baring (zip 63531)
- The average income of a Baring (zip 63531) resident is $24,796 a year. The US average is $37,638 a year.
- The Median household income of a Baring (zip 63531) resident is $64,808 a year. The US average is $69,021 a year.