Zip 64653 (Linneus, MO) Economy


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United States / Missouri / No Metro Area / Linn County / No City / Linneus (zip 64653)
The town of Linneus, Missouri has an approximate population of 645 people and is known for its friendly atmosphere, with locals often referring to it as the \"Heart of America\". The median two bedroom rent in Linneus is $720 per month, which is significantly lower than the national average of $1,430. Additionally, the grocery cost index in Linneus stands at 93 compared to 100 in the US. \nLinneus is home to a number of local businesses including Dollar General, Anderson’s Grill & Pub, and Woodall Auto Sales. Local residents also benefit from other amenities such as Hester’s Flower Shop and Linneus Public Library. Additional living expenses should also be taken into consideration when moving to Linneus such as utility bills, transportation costs and insurance premiums.

Linneus (zip 64653) has an unemployment rate of 7.0%. The US average is 6.0%.

Linneus (zip 64653) has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 20.7%, which is lower than the US average of 33.5%.

Tax Rates for Linneus (zip 64653)
- The Sales Tax Rate for Linneus (zip 64653) is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Linneus (zip 64653) 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 Linneus (zip 64653)
- The average income of a Linneus (zip 64653) resident is $18,338 a year. The US average is $28,555 a year.
- The Median household income of a Linneus (zip 64653) resident is $64,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLinneus, MissouriUnited States
  76
  -1.0%-6.2%
  20.7%33.5%
  6.2%6.2%
  5.4%4.6%
  $34,188$37,638
  $64,250$69,021
  $75,208$85,028
  Population by Occupation
  5.9%1.2%
  2.6%0.5%
  10.4%6.8%
  14.9%10.0%
  0.4%2.5%
  5.9%11.0%
  10.8%4.8%
  2.2%0.8%
  1.9%1.9%
  6.3%4.7%
  0.0%1.9%
  0.7%7.6%
  0.0%0.1%
  1.9%4.2%
  7.8%9.3%
  11.5%14.0%
  0.0%2.1%
  2.2%7.0%
  3.7%4.8%
  10.8%4.7%
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