The city of Kansas City, MO (Zipcode 64112) offers a great cost of living compared to the nationwide average. The 2 bedroom rent for 64112 is $1,380 which is $50 cheaper than the US average of $1,430. Additionally grocery costs are 4% lower than the national average making it an attractive area for people looking for affordability. Local companies in the area include Hallmark Cards Inc., Burns & McDonnell Engineering Co., and Ferrellgas Partners L.P.. These three companies provide employment opportunities to many people in the area as well as contribute to its culture and economy.
Kansas City (zip 64112) has an unemployment rate of 5.3%. The US average is 6.0%.
Kansas City (zip 64112) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 32.5%, which is lower than the US average of 33.5%.
Tax Rates for Kansas City (zip 64112)
- The Sales Tax Rate for Kansas City (zip 64112) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Kansas City (zip 64112) is 6.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Kansas City (zip 64112)
- The average income of a Kansas City (zip 64112) resident is $72,299 a year. The US average is $28,555 a year.
- The Median household income of a Kansas City (zip 64112) resident is $92,083 a year. The US average is $69,021 a year.