Zip 65050 (Latham, MO) Economy


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The town of 65050 Latham, MO is a rural area located in Missouri with plenty of attractions for its residents. The average 2 bedroom rent in the town is $770 which is significantly lower than the US average rate of $1,430. Additionally, the Grocery Cost Index in 65050 Latham is 99 as compared to 100 in the US. Local businesses that residents can access are Friendly's Country Store, Family Auto Parts & Supply, and Heartland Cleaners & Alterations. All these businesses provide quality services at affordable prices to all residents of 65050 Latham, MO. In conclusion, 2 Bedroom Rent and Grocery Cost Index are both more affordable in 65050 Latham than they are nationally.

Latham (zip 65050) has an unemployment rate of 3.4%. The US average is 6.0%.

Latham (zip 65050) has seen the job market decrease by -0.8% 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 Latham (zip 65050)
- The Sales Tax Rate for Latham (zip 65050) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Latham (zip 65050) 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 Latham (zip 65050)
- The average income of a Latham (zip 65050) resident is $17,513 a year. The US average is $37,638 a year.
- The Median household income of a Latham (zip 65050) resident is $49,063 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLatham, MissouriUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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