Lookout, KS Economy


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Lookout, KS is a small town located just outside of Kansas City. This quaint city offers residents an affordable lifestyle with two-bedroom rent costing $830 compared to the national average of $1,430. Grocery prices are also lower than the national average with an index score of 96 versus 100 in the US. The city is home to several locally owned businesses such as Lookout Creek Outdoors which specializes in fishing and camping supplies and Belle’s Bakery which serves organic baked goods. Residents can enjoy a variety of amenities including access to multiple parks, libraries, fitness centers and restaurants. With its convenient location near larger cities like Kansas City and its low cost of living, Lookout, KS remains a desirable place to live for those seeking a peaceful life away from the hustle of larger urban centers.

Lookout has an unemployment rate of 2.4%. The US average is 6.0%.

Lookout has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 21.0%, which is lower than the US average of 33.5%.

Tax Rates for Lookout
- The Sales Tax Rate for Lookout is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Lookout is 5.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Lookout
- The average income of a Lookout resident is $25,948 a year. The US average is $28,555 a year.
- The Median household income of a Lookout resident is $51,667 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLookout, KansasUnited States
  2.46
  -2.2%-6.2%
  21.0%33.5%
  6.5%6.2%
  5.7%4.6%
  $32,870$37,638
  $51,667$69,021
  $92,500$85,028
  Population by Occupation
  3.0%1.2%
  1.5%0.5%
  10.5%6.8%
  16.9%10.0%
  0.0%2.5%
  3.7%11.0%
  1.5%4.8%
  0.0%0.8%
  0.0%1.9%
  7.5%4.7%
  0.0%1.9%
  2.6%7.6%
  0.0%0.1%
  3.4%4.2%
  11.6%9.3%
  15.4%14.0%
  12.7%2.1%
  1.1%7.0%
  4.1%4.8%
  4.5%4.7%
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