The small city of Monroe City, MO is a great place to live. It has a population of 6,345, and two bedroom rent is much more affordable than the average US rent of $1,430 at just $750. Monroe City is also known for its low grocery cost index of 94 compared to the US average of 100. This means that residents of the city get more bang for their buck when they do their weekly shopping. Some local stores worth checking out when you're stocking up include Maries Supermarket, which offers competitive prices on all groceries, and Walton's Produce for fresh fruits and veggies at an affordable price. With its low rent costs and grocery rates, Monroe City makes a great home for anyone looking for an enjoyable yet affordable lifestyle.
Monroe City (zip 63456) has an unemployment rate of 4.9%. The US average is 6.0%.
Monroe City (zip 63456) has seen the job market decrease by -2.8% over the last year. Future job growth over the next ten years is predicted to be 10.0%, which is lower than the US average of 33.5%.
Tax Rates for Monroe City (zip 63456)
- The Sales Tax Rate for Monroe City (zip 63456) is 8.2%. The US average is 7.3%.
- The Income Tax Rate for Monroe City (zip 63456) 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 Monroe City (zip 63456)
- The average income of a Monroe City (zip 63456) resident is $23,241 a year. The US average is $28,555 a year.
- The Median household income of a Monroe City (zip 63456) resident is $57,138 a year. The US average is $69,021 a year.