Neosho, MO, located in Newton County, is a small city with a population of 6,485. It boasts an affordable cost of living with 2 bedroom rents averaging at $770 and grocery costs at 94 index as compared to 100 in the U.S. The city has a thriving economy with several local companies that offer everything from rental properties to food services. Some of the major employers include Rent-A-Center which offers rent-to-own furniture and appliances as well as Aaron's Inc., offering new and used furniture for lease or purchase. For food options, Neosho residents can find solace in McDonald's and Subway restaurants, or they could try locally owned establishments such as La Palma Mexican Grill and Steel Creek Pizza.
Neosho (zip 64850) has an unemployment rate of 3.9%. The US average is 6.0%.
Neosho (zip 64850) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 23.4%, which is lower than the US average of 33.5%.
Tax Rates for Neosho (zip 64850)
- The Sales Tax Rate for Neosho (zip 64850) is 5.4%. The US average is 7.3%.
- The Income Tax Rate for Neosho (zip 64850) 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 Neosho (zip 64850)
- The average income of a Neosho (zip 64850) resident is $19,545 a year. The US average is $28,555 a year.
- The Median household income of a Neosho (zip 64850) resident is $53,235 a year. The US average is $69,021 a year.