Mineral Point, MO zip code 63660 is a small community with a population of just over 600 people. It is located in the southeast corner of Missouri and has a rich history of coal mining and agriculture that have been staples of the local economy for generations. With its close proximity to St. Louis, Mineral Point has attracted many new businesses in recent years that have helped drive economic growth while preserving its historical roots. Local companies such as H&N Coal Company, Wotring & Associates Law Offices, and Mineral Point Furniture are some of the main employers in the area and provide services such as coal mining and transportation services, legal services, and furniture manufacturing. These businesses help create jobs for Mineral Point's citizens while also providing important goods and services to the surrounding area. Additionally, with an average 2-Bedroom rent of $730 and a Grocery Cost Index of 94 (versus 100 in the US), Mineral Point offers an affordable quality life to those who call it home.
Mineral Point (zip 63660) has an unemployment rate of 6.0%. The US average is 6.0%.
Mineral Point (zip 63660) has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 18.3%, which is lower than the US average of 33.5%.
Tax Rates for Mineral Point (zip 63660)
- The Sales Tax Rate for Mineral Point (zip 63660) is 7.2%. The US average is 7.3%.
- The Income Tax Rate for Mineral Point (zip 63660) 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 Mineral Point (zip 63660)
- The average income of a Mineral Point (zip 63660) resident is $15,179 a year. The US average is $37,638 a year.
- The Median household income of a Mineral Point (zip 63660) resident is $42,766 a year. The US average is $69,021 a year.