Zip 63087 (Valles Mines, MO) Economy


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United States / Missouri / Farmington Metro Area / St. Francois County / No City / Valles Mines (zip 63087)
Valles Mines, MO (63087) is a small town located in the St. Francois County of Missouri. The average two bedroom rent for this area is $820, which is considerably lower than the national average of $1,430. The Grocery Cost Index in Valles Mines stands at 97 compared to the US statistic of 100. Although it is quite a small town, there are many local companies that offer services to the residents of Valles Mines such as home improvement services (e.g. B & K Home Improvement), local restaurants (e.g. Allie’s Kitchen), and even pet care services (e.g. Countryside Pet Care Center). The population of Valles Mines is approximately 572 people according to recent census data from 2019.

Valles Mines (zip 63087) has an unemployment rate of 5.3%. The US average is 6.0%.

Valles Mines (zip 63087) has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.

Tax Rates for Valles Mines (zip 63087)
- The Sales Tax Rate for Valles Mines (zip 63087) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Valles Mines (zip 63087) 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 Valles Mines (zip 63087)
- The average income of a Valles Mines (zip 63087) resident is $20,873 a year. The US average is $28,555 a year.
- The Median household income of a Valles Mines (zip 63087) resident is $36,021 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyValles Mines, MissouriUnited States
  5.36
  -3.8%-6.2%
  26.8%33.5%
  6.4%6.2%
  5.4%4.6%
  $30,420$37,638
  $36,021$69,021
  $36,271$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  6.4%6.8%
  0.0%10.0%
  20.1%2.5%
  2.3%11.0%
  7.7%4.8%
  3.0%0.8%
  0.0%1.9%
  3.3%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  3.3%9.3%
  39.8%14.0%
  0.0%2.1%
  0.0%7.0%
  7.4%4.8%
  6.7%4.7%
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