Urbana, Missouri (65767) is a small rural town located in East Central Missouri. It is home to only about 800 residents, giving it a tight-knit, small-town atmosphere. The cost of living in Urbana is considerably lower than the national average; for example, a 2 bedroom rent here costs just $760 compared to the US average of $1,430. Other costs such as groceries are also relatively inexpensive with the grocery cost index in Urbana being only 93 versus 100 across the country.
The town offers plenty of family activities like fishing and hiking at nearby parks such as Cuivre River State Park and Forest Lake Park. There are many local businesses that call Urbana home such as Martin Brothers Woodwork Inc., MTJ Bakery and Whitehead Funeral Homes & Monument Co. All these features make Urbana an ideal place to live for those looking for small-town charm with affordable prices.
Urbana (zip 65767) has an unemployment rate of 4.6%. The US average is 6.0%.
Urbana (zip 65767) has seen the job market decrease by -1.9% over the last year. Future job growth over the next ten years is predicted to be 26.9%, which is lower than the US average of 33.5%.
Tax Rates for Urbana (zip 65767)
- The Sales Tax Rate for Urbana (zip 65767) is 7.7%. The US average is 7.3%.
- The Income Tax Rate for Urbana (zip 65767) 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 Urbana (zip 65767)
- The average income of a Urbana (zip 65767) resident is $24,086 a year. The US average is $37,638 a year.
- The Median household income of a Urbana (zip 65767) resident is $53,618 a year. The US average is $69,021 a year.