Zip 64480 (Rea, MO) Economy


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64480 Rea, MO is a small town in Missouri with a population of only 472 people. Despite its small size, the town has a number of businesses that provide essential services to residents. For those looking for rental accommodation, there are plenty of options available. The average 2 bedroom rent in the area is $810 which is significantly lower than the US average of $1,430. When it comes to grocery costs, the local Grocery Cost Index is 98 versus 100 in the US - making it an economical choice for food shopping. Some popular businesses located in 64480 Rea, MO include The Furniture Store which offers top quality furniture at competitive prices; The Hardware Store which provides all necessary items for home improvement projects; and Food Mart which sells fresh produce and other groceries at low prices. All these businesses provide locals with everything they need to live comfortably yet economically in 64480 Rea, MO.

Rea (zip 64480) has an unemployment rate of 3.2%. The US average is 6.0%.

Rea (zip 64480) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.

Tax Rates for Rea (zip 64480)
- The Sales Tax Rate for Rea (zip 64480) is 5.9%. The US average is 7.3%.
- The Income Tax Rate for Rea (zip 64480) 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 Rea (zip 64480)
- The average income of a Rea (zip 64480) resident is $34,469 a year. The US average is $28,555 a year.
- The Median household income of a Rea (zip 64480) resident is $85,833 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRea, MissouriUnited States
  3.26
  -2.3%-6.2%
  29.6%33.5%
  5.9%6.2%
  5.4%4.6%
  $58,470$37,638
  $85,833$69,021
  $197,560$85,028
  Population by Occupation
  16.0%1.2%
  6.7%0.5%
  17.6%6.8%
  13.4%10.0%
  1.7%2.5%
  0.8%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  7.6%4.7%
  0.0%1.9%
  2.5%7.6%
  2.5%0.1%
  0.0%4.2%
  20.2%9.3%
  0.0%14.0%
  0.0%2.1%
  0.8%7.0%
  3.4%4.8%
  6.7%4.7%
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