Lohman, MO Economy


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Lohman, MO is a small city with big potential. It has many great local amenities and businesses to satisfy the needs of its residents. Some popular establishments include Lohman Auto Parts, which supplies parts for cars, as well as the nearby grocery store, which offers food at reasonable prices due to the cost index being lower compared to many other areas in the US. Additionally, two bedroom apartments in Lohman have an average rent of $770 per month, which is much lower than the US average of $1,430. The lower living costs make it an attractive area for those on a budget and looking for a place to call home.

Lohman has an unemployment rate of 3.1%. The US average is 6.0%.

Lohman has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.

Tax Rates for Lohman
- The Sales Tax Rate for Lohman is 5.7%. The US average is 7.3%.
- The Income Tax Rate for Lohman 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 Lohman
- The average income of a Lohman resident is $22,333 a year. The US average is $28,555 a year.
- The Median household income of a Lohman resident is $68,393 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLohman, MissouriUnited States
  3.16
  -1.7%-6.2%
  24.7%33.5%
  5.7%6.2%
  5.4%4.6%
  $29,599$37,638
  $68,393$69,021
  $75,250$85,028
  Population by Occupation
  0.9%1.2%
  0.0%0.5%
  9.3%6.8%
  7.4%10.0%
  1.9%2.5%
  23.1%11.0%
  2.8%4.8%
  0.0%0.8%
  0.9%1.9%
  8.3%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  2.8%4.2%
  0.9%9.3%
  7.4%14.0%
  0.0%2.1%
  0.0%7.0%
  9.3%4.8%
  25.0%4.7%
Health
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