The small town of Forest City, MO, with a population of 644, has an affordable 2 bedroom rent rate at $650. This is significantly lower than the US average of $1,430 per month for rent. Furthermore, its Grocery Cost Index is 93 versus 100 in the US. This makes living in Forest City an attractive option for those looking to save money on their living expenses. \nLocal businesses in Forest City include The Corner Store & Deli, a quaint corner store that serves great sandwiches and other local goods; Orr Hardware & Supply Co., which has been providing quality tools and equipment to locals since 1950; and Wallace Home Furnishings, offering stylish furniture for any home at reasonable prices.
Forest City (zip 64451) has an unemployment rate of 3.0%. The US average is 6.0%.
Forest City (zip 64451) has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 24.0%, which is lower than the US average of 33.5%.
Tax Rates for Forest City (zip 64451)
- The Sales Tax Rate for Forest City (zip 64451) is 6.7%. The US average is 7.3%.
- The Income Tax Rate for Forest City (zip 64451) 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 Forest City (zip 64451)
- The average income of a Forest City (zip 64451) resident is $31,273 a year. The US average is $28,555 a year.
- The Median household income of a Forest City (zip 64451) resident is $41,500 a year. The US average is $69,021 a year.