Zip 65063 (New Bloomfield, MO) Economy


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New Bloomfield, MO, is a small town with just over 600 people. It is located in Callaway County, near the Missouri River and offers residents a peaceful lifestyle with easy access to larger cities. The median two-bedroom rent in New Bloomfield is $910 compared to the national average of $1,430. This makes New Bloomfield an affordable place for those looking to rent. The grocery cost index in New Bloomfield is 98 versus 100 in the US, meaning grocery prices are slightly lower than elsewhere. Local businesses like Carr's Grocery Store, Econo Lube and Tires Center and D&D Automotive all contribute to making life more affordable in New Bloomfield. Residents enjoy a low cost of living while still having access to necessary amenities like groceries, car services and tire shops.

New Bloomfield (zip 65063) has an unemployment rate of 3.5%. The US average is 6.0%.

New Bloomfield (zip 65063) has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.

Tax Rates for New Bloomfield (zip 65063)
- The Sales Tax Rate for New Bloomfield (zip 65063) is 5.7%. The US average is 7.3%.
- The Income Tax Rate for New Bloomfield (zip 65063) 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 New Bloomfield (zip 65063)
- The average income of a New Bloomfield (zip 65063) resident is $22,223 a year. The US average is $28,555 a year.
- The Median household income of a New Bloomfield (zip 65063) resident is $77,688 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Bloomfield, MissouriUnited States
  3.56
  -1.5%-6.2%
  25.5%33.5%
  5.7%6.2%
  5.4%4.6%
  $29,404$37,638
  $77,688$69,021
  $84,162$85,028
  Population by Occupation
  1.0%1.2%
  0.0%0.5%
  9.5%6.8%
  11.9%10.0%
  2.1%2.5%
  14.7%11.0%
  4.3%4.8%
  2.4%0.8%
  1.6%1.9%
  0.9%4.7%
  0.0%1.9%
  1.2%7.6%
  0.9%0.1%
  0.7%4.2%
  3.3%9.3%
  14.0%14.0%
  2.4%2.1%
  4.7%7.0%
  7.1%4.8%
  17.2%4.7%
Health