Zip 64075 (Oak Grove, MO) Economy


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Oak Grove, Missouri, is a small town located in the greater Kansas City metropolitan area with an estimated population of around 4,000 residents. Despite its size, Oak Grove offers a variety of amenities to its citizens. The average two bedroom rent in Oak Grove is around $1,000 - a great deal cheaper than the US average of $1,430. Additionally the grocery cost index in Oak Grove is 96 - slightly lower than the US index of 100.
Residents of Oak Grove are able to benefit from great services provided by some local businesses. Companies such as SmartStyle Hair Salon and Family Dollar provide local convenience stores offering everyday needs at competitive prices. You can also find larger companies like Walmart and Marshall's department store if you need more variety when shopping. If you’re looking for a bite to eat there’s a wide selection of restaurants near by including IHOP and Buffalo Wild Wings.

Oak Grove (zip 64075) has an unemployment rate of 5.2%. The US average is 6.0%.

Oak Grove (zip 64075) has seen the job market decrease by -3.8% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.

Tax Rates for Oak Grove (zip 64075)
- The Sales Tax Rate for Oak Grove (zip 64075) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Oak Grove (zip 64075) 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 Grove (zip 64075)
- The average income of a Oak Grove (zip 64075) resident is $32,286 a year. The US average is $37,638 a year.
- The Median household income of a Oak Grove (zip 64075) resident is $77,243 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOak Grove, MissouriUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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