Loma Linda, MO is a small city located in the Missouri area. It has an affordable cost of living, with two bedroom rents estimated to be around $810 compared to the US average of $1,430. Grocery costs are also inexpensive here, with a grocery cost index of 96 versus 100 in the US. This relatively low cost of living makes Loma Linda a great place to live for those who don't want to spend too much money on rent and groceries.
Loma Linda boasts many local businesses that contribute to its vibrant economy, such as Anderson Automotive Group, ProPlants Floral Design Studio, The Tire Depot, and B&S Farm Supply. These local companies offer goods and services that are essential for everyday life in Loma Linda.
Loma Linda has an unemployment rate of 3.9%. The US average is 6.0%.
Loma Linda has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 23.4%, which is lower than the US average of 33.5%.
Tax Rates for Loma Linda
- The Sales Tax Rate for Loma Linda is 5.4%. The US average is 7.3%.
- The Income Tax Rate for Loma Linda 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 Loma Linda
- The average income of a Loma Linda resident is $34,838 a year. The US average is $28,555 a year.
- The Median household income of a Loma Linda resident is $67,656 a year. The US average is $69,021 a year.