64742 Drexel, MO is an excellent place to live for individuals and families looking for affordable rent and cost of living. The 2 bedroom rent in 64742 Drexel, MO is $1,040 which is significantly lower than the US average of $1,430 making it a great option for renters looking for budget friendly options. Additionally, the Grocery Cost Index in 64742 Drexel, MO is 97 versus 100 in the US making food shopping more affordable. There are also local companies that offer a variety of goods and services such as Simmons Grocery Store and Big John's Hardware Store. This makes it easy to access goods nearby without having to travel long distances or paying extra delivery fees. 64742 Drexel, MO provides individuals and families with an affordable lifestyle that rivals other locations around the United States.
Drexel (zip 64742) has an unemployment rate of 4.3%. The US average is 6.0%.
Drexel (zip 64742) has seen the job market decrease by -2.6% 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 Drexel (zip 64742)
- The Sales Tax Rate for Drexel (zip 64742) is 8.2%. The US average is 7.3%.
- The Income Tax Rate for Drexel (zip 64742) 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 Drexel (zip 64742)
- The average income of a Drexel (zip 64742) resident is $33,416 a year. The US average is $37,638 a year.
- The Median household income of a Drexel (zip 64742) resident is $64,569 a year. The US average is $69,021 a year.