Oak Ridge, Missouri, located in Jefferson County, is a small town with a population of around 637. The median rent for a 2 bedroom home in Oak Ridge is $910, which is much lower than the US average of $1,430 for the same type of residence. Grocery prices are also lower than the national average; Oak Ridge has an index of 98 compared to 100 for the United States as a whole. Overall, living costs are very reasonable in Oak Ridge. Companies such as G&G Fuel Company Inc., J&D Auto Detailing LLC, and McFarland Home Services are based here and provide employment opportunities to residents. With its low cost of living and abundance of jobs opportunities, Oak Ridge is an ideal place to live and work.
Oak Ridge (zip 63769) has an unemployment rate of 3.7%. The US average is 6.0%.
Oak Ridge (zip 63769) has seen the job market decrease by -3.2% over the last year. Future job growth over the next ten years is predicted to be 27.7%, which is lower than the US average of 33.5%.
Tax Rates for Oak Ridge (zip 63769)
- The Sales Tax Rate for Oak Ridge (zip 63769) is 5.2%. The US average is 7.3%.
- The Income Tax Rate for Oak Ridge (zip 63769) 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 Oak Ridge (zip 63769)
- The average income of a Oak Ridge (zip 63769) resident is $23,311 a year. The US average is $37,638 a year.
- The Median household income of a Oak Ridge (zip 63769) resident is $60,357 a year. The US average is $69,021 a year.