The city of Chillicothe, Missouri (64601) is an affordable and desirable place to live. The median two bedroom rent rate of $790 is well below the national average of $1,430. Additionally, the Grocery Cost Index for this region is 94, compared to 100 nationally. This suggests that groceries are relatively cheaper than in other parts of the country. Businesses like Chillicothe Family MediCenter, Moser Electric and Ravenwood Golf Course all contribute to the community's economic vibrancy. Furthermore, local shops such as Ozark Trading Company and Wyatt's Hardware & Rental provide residents with quality services at competitive prices. With all these factors in mind, Chillicothe is a great place to call home.
Chillicothe (zip 64601) has an unemployment rate of 3.2%. The US average is 6.0%.
Chillicothe (zip 64601) 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 28.8%, which is lower than the US average of 33.5%.
Tax Rates for Chillicothe (zip 64601)
- The Sales Tax Rate for Chillicothe (zip 64601) is 7.7%. The US average is 7.3%.
- The Income Tax Rate for Chillicothe (zip 64601) 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 Chillicothe (zip 64601)
- The average income of a Chillicothe (zip 64601) resident is $21,899 a year. The US average is $28,555 a year.
- The Median household income of a Chillicothe (zip 64601) resident is $53,931 a year. The US average is $69,021 a year.