Nelson, MO with a population of 65347 is an ideal place to live due to its low 2 bedroom rent of $710 compared to the US average of $1,430. It also has a lower Grocery Cost Index than the US at 95 versus 100. Nelson, MO is home to popular local businesses such as M & B Automotive, Nelson Home Center and Southern Hills Community Bank. M & B Automotive provides repair services for all makes and models, while Nelson Home Center specializes in home goods and hardware supplies. For banking services, Southern Hills Community Bank offers a full suite of consumer and business banking products.
Nelson (zip 65347) has an unemployment rate of 3.4%. The US average is 6.0%.
Nelson (zip 65347) has seen the job market decrease by -1.6% over the last year. Future job growth over the next ten years is predicted to be 17.1%, which is lower than the US average of 33.5%.
Tax Rates for Nelson (zip 65347)
- The Sales Tax Rate for Nelson (zip 65347) is 5.7%. The US average is 7.3%.
- The Income Tax Rate for Nelson (zip 65347) 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 Nelson (zip 65347)
- The average income of a Nelson (zip 65347) resident is $28,543 a year. The US average is $37,638 a year.
- The Median household income of a Nelson (zip 65347) resident is $79,250 a year. The US average is $69,021 a year.