Lake Lotawana, MO is a vibrant city located in the Midwest region of the United States. It is known for its beautiful lakefront scenery, offering activities such as fishing and boating. The cost of living in Lake Lotawana, MO is quite reasonable, with the median 2 bedroom rent being $1,150 compared to the US average of $1,430. The grocery cost index in Lake Lotawana is also on par with the national average at 100. This makes it an attractive place to live.
The city of Lake Lotawana has many local businesses that cater to its residents' needs. Notable companies include The Home Depot, Walmart, Sears and Lowe's Home Improvement Center. There are also plenty of restaurants in town such as Chipotle Mexican Grill, Panera Bread and Cici's Pizza. For entertainment options locals can hit up cinemas like AMC Classic or catch a show at Theatre In The Park or Music Hall Of Williamsburg. All these businesses offer convenient access for residents to enjoy life in Lake Lotawana, MO!
Lake Lotawana has an unemployment rate of 5.2%. The US average is 6.0%.
Lake Lotawana has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.
Tax Rates for Lake Lotawana
- The Sales Tax Rate for Lake Lotawana is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Lake Lotawana 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 Lake Lotawana
- The average income of a Lake Lotawana resident is $45,672 a year. The US average is $28,555 a year.
- The Median household income of a Lake Lotawana resident is $143,306 a year. The US average is $69,021 a year.