Lakeshire, MO Economy


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Lakeshire, MO is an attractive and affordable city. With a two-bedroom rent of $1,000 every month, it's cheaper than the national average of $1,430. Not only that, but grocery costs are also more economical at 97 compared to the US index of 100. These savings allow locals to enjoy some of the area’s attractions and businesses. Lakeshire is home to many well known companies such as Horizon Corporation and Belmont Securities Group. The city also offers many unique recreational activities such as Lakeshire Community Park and Boating Center, where visitors can go boating on a lovely lake or go for an evening stroll around its trails.

Lakeshire has an unemployment rate of 4.5%. The US average is 6.0%.

Lakeshire has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.

Tax Rates for Lakeshire
- The Sales Tax Rate for Lakeshire is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Lakeshire 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 Lakeshire
- The average income of a Lakeshire resident is $31,670 a year. The US average is $37,638 a year.
- The Median household income of a Lakeshire resident is $55,093 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLakeshire, MissouriUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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