Springfield, MO is an excellent place to live for those looking for a family-oriented community with affordable rent. The two bedroom rent in Springfield is $1,000 compared to the US average of $1,430, making it an ideal spot for those looking to save money on housing. In addition to affordable rent, Springfield has a low Grocery Cost Index (95) compared to the US average (100). Local businesses in Springfield include Bass Pro Shops Outdoor World and Hurts Donut Company. Bass Pro Shops has been selling hunting and fishing equipment since 1972 and today it is one of the nation's largest retailers of outdoor gear. Hurts Donut Company offers donuts made from scratch with over 100 flavors and 20 unique creations each day. Springfield provides a great balance between affordability and quality local businesses!
Springfield (zip 65807) has an unemployment rate of 3.9%. The US average is 6.0%.
Springfield (zip 65807) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 28.7%, which is lower than the US average of 33.5%.
Tax Rates for Springfield (zip 65807)
- The Sales Tax Rate for Springfield (zip 65807) is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Springfield (zip 65807) 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 Springfield (zip 65807)
- The average income of a Springfield (zip 65807) resident is $20,072 a year. The US average is $28,555 a year.
- The Median household income of a Springfield (zip 65807) resident is $45,646 a year. The US average is $69,021 a year.