La Monte, MO is a small town in the midwest with a population of approximately 1,000 people. It is a quiet community with an affordable cost of living. The average rent for a two bedroom apartment is $840, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in La Monte is 94 compared to 100 in the rest of the country. Local businesses in La Monte include First State Bank & Trust Company, Missouri Valley Community Action Agency and DK's Grill & Bar. There are also plenty of churches and parks for residents to enjoy as well as other amenities such as post offices and libraries.
La Monte has an unemployment rate of 5.8%. The US average is 6.0%.
La Monte has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 19.7%, which is lower than the US average of 33.5%.
Tax Rates for La Monte
- The Sales Tax Rate for La Monte is 5.7%. The US average is 7.3%.
- The Income Tax Rate for La Monte 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 La Monte
- The average income of a La Monte resident is $14,383 a year. The US average is $28,555 a year.
- The Median household income of a La Monte resident is $44,688 a year. The US average is $69,021 a year.