The small town of 64847 Lanagan, MO is an affordable place to live. The average 2 bedroom rent in the area is $650 compared to the national average of $1,430. This makes it a great spot for those looking to get more bang for their buck. Additionally, the local grocery cost index is 89 versus 100 in the US, making groceries and other goods more affordable than many other places.
When living in 64847 Lanagan, MO you have access to small businesses such as Lanagan Market, Beck's Grocery, Sycamore Family Restaurant and Suzy Q's Cafe. These businesses provide all the necessary amenities within this small town. For those needing more variety and resources there is also Big Cedar Shopping Center and Ozark Business Center nearby that offer larger stores and services.
Lanagan (zip 64847) has an unemployment rate of 3.8%. The US average is 6.0%.
Lanagan (zip 64847) has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 34.4%, which is higher than the US average of 33.5%.
Tax Rates for Lanagan (zip 64847)
- The Sales Tax Rate for Lanagan (zip 64847) is 8.2%. The US average is 7.3%.
- The Income Tax Rate for Lanagan (zip 64847) 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 Lanagan (zip 64847)
- The average income of a Lanagan (zip 64847) resident is $16,528 a year. The US average is $37,638 a year.
- The Median household income of a Lanagan (zip 64847) resident is $31,058 a year. The US average is $69,021 a year.