64863 Southwest City, MO is a great place to live with a low cost of living. 2 bedroom rent in this area is $740, which is much lower than the US average of $1,430. The grocery cost index in 64863 Southwest City, MO is also 93 versus 100 in the US. Local companies such as C-Store Convenience Store and Southwest City Auto Parts make Southwest City an ideal location for people looking to save money while still enjoying the benefits of city life. With rental costs that are significantly lower than the national average and a low grocery cost index, life in 64863 Southwest City provides plenty of financial advantages.
Southwest City (zip 64863) has an unemployment rate of 3.8%. The US average is 6.0%.
Southwest City (zip 64863) has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 34.4%, which is higher than the US average of 33.5%.
Tax Rates for Southwest City (zip 64863)
- The Sales Tax Rate for Southwest City (zip 64863) is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Southwest City (zip 64863) 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 Southwest City (zip 64863)
- The average income of a Southwest City (zip 64863) resident is $21,438 a year. The US average is $37,638 a year.
- The Median household income of a Southwest City (zip 64863) resident is $49,500 a year. The US average is $69,021 a year.