Lake Ozark, MO is a great place to live! It is located in central Missouri and provides plenty of outdoor activities for visitors and locals alike. The average 2 bedroom rent is much lower in Lake Ozark than many other cities at just $830 per month, whereas the national average is $1,430. In addition to lower rent costs, the grocery cost index in Lake Ozark is only slightly higher than the US average at 102 versus 100. \nLiving in Lake Ozark comes with many benefits, including access to local companies such as Big Creek Marina, Captain Ron's Bar & Grill, and Twin Oaks Golf Course. With a low overall cost of living compared to many other places across the country, it’s easy to see why so many people are choosing Lake Ozark for their home.
Lake Ozark has an unemployment rate of 4.6%. The US average is 6.0%.
Lake Ozark has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 32.1%, which is lower than the US average of 33.5%.
Tax Rates for Lake Ozark
- The Sales Tax Rate for Lake Ozark is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Lake Ozark 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 Ozark
- The average income of a Lake Ozark resident is $21,851 a year. The US average is $28,555 a year.
- The Median household income of a Lake Ozark resident is $74,094 a year. The US average is $69,021 a year.