Callao, MO is a small town with a population of 63534. It has an average 2 bedroom rental price of $760 per month, which is significantly lower than the US average at $1,430. The grocery cost index in Callao is 91 compared to 100 in the US on average. In terms of businesses within Callao, some popular companies are Connaway's Supermarket, Callao Lumber Supply, and Farmer's Insurance. These local businesses contribute to a strong economy within the town and provide services that help local residents. With such low rental prices and a vibrant local economy, Callao is an excellent place to live for those who want to experience small-town life without breaking the bank.
Callao (zip 63534) has an unemployment rate of 3.9%. The US average is 6.0%.
Callao (zip 63534) has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 28.4%, which is lower than the US average of 33.5%.
Tax Rates for Callao (zip 63534)
- The Sales Tax Rate for Callao (zip 63534) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Callao (zip 63534) 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 Callao (zip 63534)
- The average income of a Callao (zip 63534) resident is $17,709 a year. The US average is $28,555 a year.
- The Median household income of a Callao (zip 63534) resident is $37,409 a year. The US average is $69,021 a year.