The small town of Fredericktown, MO (zip code 63645) is an affordable place to live with a two bedroom rent of $780. This is significantly less than the US average of $1,430 for a two bedroom rental. Grocery costs in this area are also below the national index at 94 compared to 100. Located in Madison County, Fredericktown is home to many local businesses such as Fredericktown Auto Sales & Service, Main Street Pizza and Subs, and Denny's Liquor Store. From food to clothing to car repair, the locals have plenty of options for shopping and services.
Fredericktown (zip 63645) has an unemployment rate of 4.5%. The US average is 6.0%.
Fredericktown (zip 63645) 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 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Fredericktown (zip 63645)
- The Sales Tax Rate for Fredericktown (zip 63645) is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Fredericktown (zip 63645) 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 Fredericktown (zip 63645)
- The average income of a Fredericktown (zip 63645) resident is $27,487 a year. The US average is $37,638 a year.
- The Median household income of a Fredericktown (zip 63645) resident is $50,784 a year. The US average is $69,021 a year.