Fair Grove, Missouri (zip code 65648) is a small town with a population of about 2,000. It's located about 40 miles east of Springfield and offers amenities such as a community park, a city hall, and the Fair Grove Senior Center. The average rent for a two-bedroom apartment in Fair Grove is $750, making it much cheaper than the U.S. average of $1,430. The Grocery Cost Index in Fair Grove stands at 97 versus 100 in the US. Local companies that make up the economy of Fair Grove include the Family Video Movie Club, AutoZone Parts Store, State Farm Insurance Company, John Hancock Agency LLC., Ozarks Area Community Action Corporation (OACAC), and Madhouse Design Studio Inc.
Fair Grove (zip 65648) has an unemployment rate of 3.6%. The US average is 6.0%.
Fair Grove (zip 65648) has seen the job market decrease by -2.7% 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 Fair Grove (zip 65648)
- The Sales Tax Rate for Fair Grove (zip 65648) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Fair Grove (zip 65648) 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 Fair Grove (zip 65648)
- The average income of a Fair Grove (zip 65648) resident is $32,343 a year. The US average is $37,638 a year.
- The Median household income of a Fair Grove (zip 65648) resident is $73,640 a year. The US average is $69,021 a year.