Zip 64840 (Diamond, MO) Economy


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\n64840 Diamond, MO is located in Newton County and offers a vibrant city life with affordable living costs. Rent for 2 Bedroom apartments in the area is $760 which is significantly lower than the US average of $1,430. Grocery cost index of the area stands at 95 while it is 100 across rest of the US. There are many local businesses in the area that provide cost-efficient services such as Benton Steel Fabricators who specialize in steel fabrication and have competitive prices, Newton 16 Showcase Cinema which offers affordable movie tickets, and Ozark Mountain Bank which provides banking services with customer-oriented solutions.

Diamond (zip 64840) has an unemployment rate of 3.9%. The US average is 6.0%.

Diamond (zip 64840) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 23.4%, which is lower than the US average of 33.5%.

Tax Rates for Diamond (zip 64840)
- The Sales Tax Rate for Diamond (zip 64840) is 5.4%. The US average is 7.3%.
- The Income Tax Rate for Diamond (zip 64840) 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 Diamond (zip 64840)
- The average income of a Diamond (zip 64840) resident is $25,334 a year. The US average is $28,555 a year.
- The Median household income of a Diamond (zip 64840) resident is $65,599 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDiamond, MissouriUnited States
  3.96
  -4.0%-6.2%
  23.4%33.5%
  5.4%6.2%
  5.4%4.6%
  $27,529$37,638
  $65,599$69,021
  $71,042$85,028
  Population by Occupation
  3.0%1.2%
  0.0%0.5%
  4.5%6.8%
  14.6%10.0%
  5.2%2.5%
  6.9%11.0%
  12.5%4.8%
  2.9%0.8%
  0.0%1.9%
  2.0%4.7%
  2.4%1.9%
  2.2%7.6%
  0.0%0.1%
  8.6%4.2%
  8.7%9.3%
  12.9%14.0%
  2.2%2.1%
  2.1%7.0%
  5.2%4.8%
  4.0%4.7%
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