Morehouse, MO (63868) is a small town in New Madrid County of the United States. It has an estimated population of 822 and is home to various businesses that contribute to the local economy. The median rent for a two-bedroom apartment in Morehouse is $610 which is much lower than the US average of $1,430, and its grocery cost index of 92 is slightly less than the national average of 100. Some of the local businesses include Dollar General Market, which provides groceries and merchandise, Morehouse City Diner serving delicious meals, Hendersons Pharmacy offering pharmaceutical services, H & H Corner Store providing convenience items, and Lube it right where residents can get their vehicles serviced.
Morehouse (zip 63868) has an unemployment rate of 4.5%. The US average is 6.0%.
Morehouse (zip 63868) has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 3.3%, which is lower than the US average of 33.5%.
Tax Rates for Morehouse (zip 63868)
- The Sales Tax Rate for Morehouse (zip 63868) is 7.2%. The US average is 7.3%.
- The Income Tax Rate for Morehouse (zip 63868) 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 Morehouse (zip 63868)
- The average income of a Morehouse (zip 63868) resident is $17,784 a year. The US average is $37,638 a year.
- The Median household income of a Morehouse (zip 63868) resident is $39,479 a year. The US average is $69,021 a year.