Zip 64859 (Reeds, MO) Economy


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The small town of Reeds, MO is located just outside of Joplin and has a population of 64859. The 2 bedroom rent in Reeds is $800, which is significantly lower than the US average of $1,430. For those looking to save money while shopping for groceries, the Grocery Cost Index in Reeds is 95 compared to the national average of 100.
Reeds offers many local companies that residents can support. These include clothing stores such as Country Closet and The Hitching Post, auto dealerships like Cross Road Motors and Riney Chevrolet Buick, home improvement stores like Reed’s Home Improvement Center and Burge's Home Improvement Center, banks such as Bank of Reeds and First State Bank & Trust Co., as well as a variety of other local businesses.

Reeds (zip 64859) has an unemployment rate of 3.9%. The US average is 6.0%.

Reeds (zip 64859) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.

Tax Rates for Reeds (zip 64859)
- The Sales Tax Rate for Reeds (zip 64859) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Reeds (zip 64859) 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 Reeds (zip 64859)
- The average income of a Reeds (zip 64859) resident is $21,172 a year. The US average is $28,555 a year.
- The Median household income of a Reeds (zip 64859) resident is $53,856 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyReeds, MissouriUnited States
  3.96
  -4.3%-6.2%
  24.2%33.5%
  5.5%6.2%
  5.4%4.6%
  $26,913$37,638
  $53,856$69,021
  $66,094$85,028
  Population by Occupation
  8.7%1.2%
  0.0%0.5%
  9.5%6.8%
  28.4%10.0%
  8.9%2.5%
  6.6%11.0%
  5.3%4.8%
  0.9%0.8%
  0.6%1.9%
  3.1%4.7%
  1.5%1.9%
  4.7%7.6%
  0.0%0.1%
  1.5%4.2%
  3.7%9.3%
  5.0%14.0%
  0.3%2.1%
  0.5%7.0%
  9.9%4.8%
  0.9%4.7%
Health