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Piedmont, MO Economy


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Piedmont, MO is a great place to live. It's relatively small but full of friendly faces and locally owned businesses. The cost of living in Piedmont is quite low compared to the national average. Rent for two bedrooms in Piedmont is only $740 while the same type of rent in the US averages at $1,430. Additionally, the grocery cost index in Piedmont is 92 as opposed to 100 nationally. Therefore, living in Piedmont can save you money while still providing all the amenities you need. Amongst these local amenities are restaurants like The Steakhouse Caf茅, banks like Great Southern Bank and pharmacies like Walgreens. There are also churches such as First Baptist Church and stores like Smith Family Grocery & Hardware Store that provide supplies and services for day-to-day life.

Piedmont has an unemployment rate of 5.1%. The US average is 6.0%.

Piedmont has seen the job market decrease by -4.2% over the last year. Future job growth over the next ten years is predicted to be 12.6%, which is lower than the US average of 33.5%.

Tax Rates for Piedmont
- The Sales Tax Rate for Piedmont is 8.2%. The US average is 7.3%.
- The Income Tax Rate for Piedmont is 5.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.

Income and Salaries for Piedmont
- The average income of a Piedmont resident is $17,668 a year. The US average is $37,638 a year.
- The Median household income of a Piedmont resident is $36,535 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPiedmont, MissouriUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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