Zip 65550 (Newburg, MO) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Newburg, MO is a quiet rural town near Rolla with a population of approximately 65550 people. It is the ideal place to settle down as rent for a two bedroom apartment is relatively cheaper at $830 compared to the US average of $1,430. The grocery cost index in Newburg also costs 94 compared to the US average of 100 which makes it more economical for families.
Newburg, MO offers many local amenities including restaurants such as PJ's Place and Pete's Pizza, shopping malls like Rolla Square and Rolla Town Center, as well as leisure activities like Newburg Lake Park and Cedar Hill Golf Course. It also has churches such as St. John Lutheran Church and Sacred Heart Catholic Church that offer spiritual engagements.

Newburg (zip 65550) has an unemployment rate of 3.7%. The US average is 6.0%.

Newburg (zip 65550) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 26.7%, which is lower than the US average of 33.5%.

Tax Rates for Newburg (zip 65550)
- The Sales Tax Rate for Newburg (zip 65550) is 5.4%. The US average is 7.3%.
- The Income Tax Rate for Newburg (zip 65550) 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 Newburg (zip 65550)
- The average income of a Newburg (zip 65550) resident is $18,171 a year. The US average is $28,555 a year.
- The Median household income of a Newburg (zip 65550) resident is $57,520 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNewburg, MissouriUnited States
  3.76
  -1.1%-6.2%
  26.7%33.5%
  5.4%6.2%
  5.4%4.6%
  $26,700$37,638
  $57,520$69,021
  $70,871$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  8.3%6.8%
  3.6%10.0%
  2.2%2.5%
  10.6%11.0%
  4.5%4.8%
  0.2%0.8%
  0.7%1.9%
  3.2%4.7%
  2.2%1.9%
  0.7%7.6%
  0.0%0.1%
  5.5%4.2%
  13.4%9.3%
  20.6%14.0%
  0.5%2.1%
  11.3%7.0%
  8.9%4.8%
  3.1%4.7%
Health