Weatherby Lake, MO is a great place to reside with its affordable living costs. The 2 bedroom rent in the area is $1,210, which is significantly lower than the US average of $1,430. Grocery cost index in Weatherby Lake is 101 compared to 100 nationally. Individuals looking to settle down and save money can find many amenities nearby including restaurants, stores, local companies and parks. Companies located in the area include Super 8 Motel Weatherby Lake, Walmart Supercenter and Pizza Hut. In terms of national trends, inflation rates are an important factor when considering living costs. With low cost of living in Weatherby Lake such as those mentioned above, individuals have more disposable income to utilize on other expenses such as entertainment or travel.
Weatherby Lake has an unemployment rate of 3.8%. The US average is 6.0%.
Weatherby Lake has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 36.0%, which is higher than the US average of 33.5%.
Tax Rates for Weatherby Lake
- The Sales Tax Rate for Weatherby Lake is 5.6%. The US average is 7.3%.
- The Income Tax Rate for Weatherby Lake 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 Weatherby Lake
- The average income of a Weatherby Lake resident is $47,510 a year. The US average is $28,555 a year.
- The Median household income of a Weatherby Lake resident is $162,188 a year. The US average is $69,021 a year.