Westwood, MO is a great place to live for those looking for an affordable lifestyle. The average two bedroom rent in Westwood, MO is $1,490 which is slightly higher than the US average of $1,430. Additionally, grocery costs are higher in Westwood with a Grocery Cost Index of 109 compared to 100 nationally. Beyond affordability, there are many local companies and attractions that make living in Westwood enjoyable. Some notable local businesses include Piedmont Bank & Trust Co., Westwood Animal Hospital, and Putnam's Cheese House. There are also exciting attractions such as the historic Lewis-Kirk Filling Station and the old Westwood Presbyterian Church. With its reasonable cost of living and wide variety of businesses and attractions, Westwood is a great place to call home.
Westwood has an unemployment rate of 4.5%. The US average is 6.0%.
Westwood has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Westwood
- The Sales Tax Rate for Westwood is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Westwood 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 Westwood
- The average income of a Westwood resident is $154,003 a year. The US average is $37,638 a year.
- The Median household income of a Westwood resident is $250,001 a year. The US average is $69,021 a year.