Lafayette, MO County is an excellent place to live with plenty of local amenities including companies, restaurants, and low cost of living. The two bedroom rent in Lafayette is significantly lower than the national average at $1,160 compared to $1,430 US-wide. Grocery Cost Index in Lafayette is also below the national average coming in at 95 versus 100 for the US. Popular companies located in Lafayette include Tyson Foods Inc., Walmart Home Office, and JB Hunt Transport Services Inc. The region has many delicious restaurants available such as China Star Restaurant, Thai Kitchen Plus Café & Bar, and Backyard Burgers & BBQ. With its affordable housing options and lower costs on everyday items like groceries, Lafayette County offers a great standard of living at an even better price.
Lafayette County has an unemployment rate of 4.0%. The US average is 6.0%.
Lafayette County has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.
Tax Rates for Lafayette County
- The Sales Tax Rate for Lafayette County is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Lafayette County 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 Lafayette County
- The average income of a Lafayette County resident is $24,175 a year. The US average is $28,555 a year.
- The Median household income of a Lafayette County resident is $70,969 a year. The US average is $69,021 a year.