Zip 65201 (Columbia, MO) Economy


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65201 Columbia, MO is a great place to live for people looking for affordable rent. According to the data provided, the 2 Bedroom Rent in 65201 Columbia, MO is $980, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in this area is 98 versus 100 in the US showing that overall prices are lower compared to other areas.
In terms of 2 bedroom rental options in 65201 Columbia, MO, there are several local companies such as True North Apartments and The District at Columbia providing different rental plans at competitive rates. For instance, True North Apartments offers two-bedroom apartments from $890 per month whereas The District at Columbia provides two-bedroom floor plans starting from $830 per month. Thus, it can be concluded that living in 65201 Columbia provides an affordable and comfortable lifestyle with many options available for two-bedroom rentals.

Columbia (zip 65201) has an unemployment rate of 3.0%. The US average is 6.0%.

Columbia (zip 65201) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.

Tax Rates for Columbia (zip 65201)
- The Sales Tax Rate for Columbia (zip 65201) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Columbia (zip 65201) 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 Columbia (zip 65201)
- The average income of a Columbia (zip 65201) resident is $19,764 a year. The US average is $28,555 a year.
- The Median household income of a Columbia (zip 65201) resident is $41,482 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyColumbia, MissouriUnited States
  36
  -3.8%-6.2%
  26.8%33.5%
  8.0%6.2%
  5.4%4.6%
  $25,641$37,638
  $41,482$69,021
  $84,746$85,028
  Population by Occupation
  0.8%1.2%
  0.0%0.5%
  4.0%6.8%
  4.3%10.0%
  1.8%2.5%
  8.1%11.0%
  3.3%4.8%
  1.7%0.8%
  2.0%1.9%
  6.2%4.7%
  1.2%1.9%
  5.1%7.6%
  0.0%0.1%
  2.3%4.2%
  19.4%9.3%
  14.6%14.0%
  2.8%2.1%
  17.3%7.0%
  2.8%4.8%
  2.5%4.7%
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