Zip 65077 (Steedman, MO) Economy


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Steedman, Missouri is a small town located in central Missouri with a population of approximately 200 people. It is a quiet and pleasant rural community, perfect for those looking to relax away from the hustle and bustle of big city life. The cost of living here is very affordable as 2 bedroom rentals cost an average of $820 per month, which is significantly cheaper than the national average of $1,430. Grocery costs are also relatively low, with an index score of 96 compared to the national index score of 100.
The local economy in Steedman consists mostly of small businesses such as KF’s Market Corner Store, Dan’s Sporting Goods, and D&K Hair Salon. KF’s offers essential groceries at competitive prices while Dan’s specializes in sporting goods such as fishing tackle and camping supplies. D&K Hair Salon provides hair services such as cuts, coloring, styling, and waxing at reasonable rates. Overall, Steedman provides its residents with quality services at economical prices.

Steedman (zip 65077) has an unemployment rate of 3.5%. The US average is 6.0%.

Steedman (zip 65077) has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.

Tax Rates for Steedman (zip 65077)
- The Sales Tax Rate for Steedman (zip 65077) is 5.7%. The US average is 7.3%.
- The Income Tax Rate for Steedman (zip 65077) 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 Steedman (zip 65077)
- The average income of a Steedman (zip 65077) resident is $22,340 a year. The US average is $28,555 a year.
- The Median household income of a Steedman (zip 65077) resident is $55,078 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySteedman, MissouriUnited States
  3.56
  -1.5%-6.2%
  25.5%33.5%
  5.7%6.2%
  5.4%4.6%
  $27,515$37,638
  $55,078$69,021
  $56,172$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  26.9%6.8%
  0.0%10.0%
  7.2%2.5%
  0.0%11.0%
  20.4%4.8%
  5.4%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  19.2%9.3%
  21.0%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
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