Leonard, MO is a small town with a population of around 1,000 residents. It is located in the midwestern state of Missouri and offers its citizens a peaceful rural lifestyle. Despite its small size, Leonard has many businesses providing goods and services to residents and visitors alike. These include local stores like Johnson's Grocery Store, which offers fresh produce and other groceries at competitive prices. There are also several restaurants in the area such as The Family Restaurant, which serves up classic American fare to hungry customers. In addition to these establishments, Leonard also has some great amenities including parks for outdoor recreation and multiple churches for those looking for spiritual guidance. The cost of living in Leonard is relatively low compared to other parts of the country; two bedroom rentals run around $780 per month while the US average is closer to $1,430 monthly. The grocery cost index is also lower than most places with an index score of 90 versus 100 in the US.
Leonard has an unemployment rate of 3.7%. The US average is 6.0%.
Leonard has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 23.1%, which is lower than the US average of 33.5%.
Tax Rates for Leonard
- The Sales Tax Rate for Leonard is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Leonard 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 Leonard
- The average income of a Leonard resident is $26,074 a year. The US average is $28,555 a year.
- The Median household income of a Leonard resident is $55,714 a year. The US average is $69,021 a year.