Fort Leonard Wood, MO Metro Area is a great place to live due to its low cost of living and variety of job opportunities. The average two bedroom rent in Fort Leonard Wood is $910 compared to the US average of $1,430, making it much more affordable than many other cities. Additionally, the grocery cost index in Fort Leonard Wood is 97 versus 100 in the US. This makes it fairly inexpensive for families or individuals looking to save on their grocery bills. The city’s strong economy also provides plenty of employment opportunities within local companies such as Walmart, Lowe's Home Improvement Warehouse, and Walgreens Pharmacy. \nOne possible disadvantage of living in Fort Leonard Wood is that there may not be as many cultural activities or social events available compared to larger cities or metropolitan areas. Despite this, for those looking to save money on rent and groceries while still having access to great job opportunities, Fort Leonard Wood can be a great place to move into.
Fort Leonard Wood Metro Area has an unemployment rate of 4.5%. The US average is 6.0%.
Fort Leonard Wood Metro Area has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 18.2%, which is lower than the US average of 33.5%.
Tax Rates for Fort Leonard Wood Metro Area
- The Sales Tax Rate for Fort Leonard Wood Metro Area is 5.8%. The US average is 7.3%.
- The Income Tax Rate for Fort Leonard Wood Metro Area 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 Fort Leonard Wood Metro Area
- The average income of a Fort Leonard Wood Metro Area resident is $20,019 a year. The US average is $28,555 a year.
- The Median household income of a Fort Leonard Wood Metro Area resident is $59,252 a year. The US average is $69,021 a year.