Pontiac, Missouri, located in Livingston County with an estimated population of 657 is a small rural town. The two bedroom rent for the area is $850 which is significantly less than the US average of $1,430. Pontiac also has a lower grocery cost index compared to the US with it being 99 versus 100. The locals of this small town are supported by local business such as Braymiller Builders, Bloomer's Hardware Store and Dairy Queen who provide jobs and goods within the community. The economy of Pontiac is heavily reliant on agriculture related industries and provides several opportunities for employment as well as housing options for its citizens. Many people travel to nearby cities to commute for work due to its small size but are able to enjoy a quiet country atmosphere otherwise.
Pontiac (zip 65729) has an unemployment rate of 5.7%. The US average is 6.0%.
Pontiac (zip 65729) has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 17.1%, which is lower than the US average of 33.5%.
Tax Rates for Pontiac (zip 65729)
- The Sales Tax Rate for Pontiac (zip 65729) is 6.7%. The US average is 7.3%.
- The Income Tax Rate for Pontiac (zip 65729) 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 Pontiac (zip 65729)
- The average income of a Pontiac (zip 65729) resident is $41,266 a year. The US average is $37,638 a year.
- The Median household income of a Pontiac (zip 65729) resident is $50,484 a year. The US average is $69,021 a year.