Lynch, Missouri is an up-and-coming town located in Franklin County. It offers its residents a variety of local businesses, such as Lynch Machine Works, Lynch Limousine Services, and Lynch Home Maintenance. The cost of living in Lynch is very reasonable in comparison to the rest of the US. For example, the average 2 bedroom rent in Lynch is only $770 compared to a national average of $1,430. Additionally grocery costs are 93 out of 100 for the US index. This makes Lynch a great place to live comfortably and enjoy all the amenities that come with living in a small town community.
Lynch has an unemployment rate of 4.7%. The US average is 6.0%.
Lynch has seen the job market decrease by -2.8% over the last year. Future job growth over the next ten years is predicted to be 18.0%, which is lower than the US average of 33.5%.
Tax Rates for Lynch
- The Sales Tax Rate for Lynch is 6.1%. The US average is 7.3%.
- The Income Tax Rate for Lynch 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 Lynch
- The average income of a Lynch resident is $20,114 a year. The US average is $28,555 a year.
- The Median household income of a Lynch resident is $36,938 a year. The US average is $69,021 a year.