Lockwood township, MO is an ideal community for those looking for an affordable place to live. The average two bedroom rent in Lockwood township, MO is $760 as compared to the national average of $1,430. The grocery cost index in Lockwood township, MO is 93 versus 100 in the US, making groceries more affordable here. Local companies such as McLeod's Barbecue and Hachmeister Concrete Inc. provide jobs and services to the locals. For recreation, Lockwood township is home to Lakeview Golf Course and a 9-hole disc golf course at Cook Park that offers fun activities for people of all ages.
Lockwood township has an unemployment rate of 3.5%. The US average is 6.0%.
Lockwood township has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 27.4%, which is lower than the US average of 33.5%.
Tax Rates for Lockwood township
- The Sales Tax Rate for Lockwood township is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Lockwood township 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 Lockwood township
- The average income of a Lockwood township resident is $24,018 a year. The US average is $28,555 a year.
- The Median household income of a Lockwood township resident is $43,000 a year. The US average is $69,021 a year.