Milo, Missouri is a small town with a population of 647. The cost of living index in Milo is 91 versus 100 in the US. This low cost of living makes it an attractive place to reside for those looking for more affordable housing options. A two bedroom apartment in Milo averages $800 a month compared to the national average of $1,430. Businesses and industries in Milo are mainly made up of local agricultural companies, restaurants, retail stores, and service providers such as automotive repair shops.
Milo (zip 64767) has an unemployment rate of 3.5%. The US average is 6.0%.
Milo (zip 64767) has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 20.0%, which is lower than the US average of 33.5%.
Tax Rates for Milo (zip 64767)
- The Sales Tax Rate for Milo (zip 64767) is 5.2%. The US average is 7.3%.
- The Income Tax Rate for Milo (zip 64767) 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 Milo (zip 64767)
- The average income of a Milo (zip 64767) resident is $21,847 a year. The US average is $28,555 a year.
- The Median household income of a Milo (zip 64767) resident is $42,917 a year. The US average is $69,021 a year.