Lee s Summit, MO Economy


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Lee's Summit, MO is a vibrant city with a thriving economy and plenty of attractions to explore. Located in Missouri's Jackson County, it is an attractive place to live due to its affordable rent prices. A two bedroom apartment in Lee's Summit costs an average of $1,300 compared to $1,430 in the US. Grocery costs are also more affordable at 101 versus 100 in the US on the grocery cost index.
This city has a lot to offer - from business opportunities to leisure activities. There are many local companies that operate in Lee's Summit such as Cerner Corporation, Teva Pharmaceuticals USA and Kansas City Southern Railway Company. For those looking for entertainment there are various attractions including Legacy Park, Paradise Park Family Fun & Adventure and Lakewood Oaks Golf Club. All of these attractions make Lee's Summit a great place for families or anyone looking for a new home!

Lee's Summit has an unemployment rate of 3.1%. The US average is 6.0%.

Lee's Summit 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 33.3%, which is lower than the US average of 33.5%.

Tax Rates for Lee's Summit
- The Sales Tax Rate for Lee's Summit is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Lee's Summit 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 Lee's Summit
- The average income of a Lee's Summit resident is $34,153 a year. The US average is $28,555 a year.
- The Median household income of a Lee's Summit resident is $98,960 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLee's Summit, MissouriUnited States
  3.16
  -3.8%-6.2%
  33.3%33.5%
  7.9%6.2%
  5.4%4.6%
  $44,947$37,638
  $98,960$69,021
  $113,236$85,028
  Population by Occupation
  0.4%1.2%
  0.1%0.5%
  5.5%6.8%
  9.4%10.0%
  4.0%2.5%
  9.7%11.0%
  4.4%4.8%
  0.7%0.8%
  2.5%1.9%
  9.3%4.7%
  1.5%1.9%
  9.6%7.6%
  0.1%0.1%
  2.6%4.2%
  8.3%9.3%
  16.1%14.0%
  1.6%2.1%
  4.9%7.0%
  5.1%4.8%
  4.3%4.7%
Reviews for Lee s Summit
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Over 10 years ago

great place to  More

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Over 12 years ago

Cost of living here isn't the best but it's better then some  More

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Over 12 years ago

Moved here for jobs. Need to live in the  More

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