The small village of La Russell, Missouri has an estimated population of 648. The cost of living in La Russell is quite low, with a 2 bedroom rental costing only $680. This is far lower than the national average of $1,430 for a two-bedroom rental. Grocery costs in this area index at 95 versus 100 in the US. There are several local businesses near La Russell that provide services to residents such as La Russel Repair Center, Angel’s Auto Shop, and Green Home Solutions LLC. All these companies provide affordable services to locals at competitive prices when compared to similar businesses in larger cities. Renting an apartment in La Russell is also more affordable than renting in bigger cities like New York or Los Angeles where two-bedroom rentals can easily cost double what it does in this small village.
La Russell (zip 64848) has an unemployment rate of 5.1%. The US average is 6.0%.
La Russell (zip 64848) has seen the job market decrease by -4.0% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.
Tax Rates for La Russell (zip 64848)
- The Sales Tax Rate for La Russell (zip 64848) is 5.9%. The US average is 7.3%.
- The Income Tax Rate for La Russell (zip 64848) 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 La Russell (zip 64848)
- The average income of a La Russell (zip 64848) resident is $31,310 a year. The US average is $37,638 a year.
- The Median household income of a La Russell (zip 64848) resident is $83,750 a year. The US average is $69,021 a year.