The small rural town of Olean, MO has a population of 650. The two-bedroom rent in Olean is much lower than the national average, sitting at $800 compared to the US average of $1,430. The Grocery Cost Index in Olean is also lower than the US average, sitting at 97 versus 100. The cost of living in Olean is therefore much lower compared to most other places in America.
This town offers many businesses which provide excellent services and goods for its residents. Some local companies include K&D Tree Service, K&K Performance Automotive, Olean Lumber Co., Peak Welding Services LLC, and Moore Construction. All of these businesses offer quality services and products to support the community of Olean and can fulfill any needs that residents may have.
Olean (zip 65064) has an unemployment rate of 4.6%. The US average is 6.0%.
Olean (zip 65064) has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 32.1%, which is lower than the US average of 33.5%.
Tax Rates for Olean (zip 65064)
- The Sales Tax Rate for Olean (zip 65064) is 5.7%. The US average is 7.3%.
- The Income Tax Rate for Olean (zip 65064) 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 Olean (zip 65064)
- The average income of a Olean (zip 65064) resident is $23,230 a year. The US average is $37,638 a year.
- The Median household income of a Olean (zip 65064) resident is $43,594 a year. The US average is $69,021 a year.