Licking, Missouri is a small town with a population of 65542 according to the latest census. The cost of living in Licking is quite affordable, with the average rent for a two-bedroom apartment being $750 compared to the national average of $1,430. Groceries are also reasonably priced here, with an index score of 93 versus 100 in the US.
The town has plenty of local businesses and amenities to explore. With its many shops, restaurants and galleries, it makes for a great place to live or visit. There are various stores such as Licking Market Place & Deli, O’Reilly Auto Parts and Dollar General that sell everyday items and necessities. For dining options there is Cast Iron Cafe and BBQ Shack that serve delicious Southern-style meals for both lunch and dinner. Additionally there are cultural activities such as The Ozark Folk Center where you can learn about local culture through traditional arts and crafts demonstrations.
Licking (zip 65542) has an unemployment rate of 4.7%. The US average is 6.0%.
Licking (zip 65542) 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 18.0%, which is lower than the US average of 33.5%.
Tax Rates for Licking (zip 65542)
- The Sales Tax Rate for Licking (zip 65542) is 6.1%. The US average is 7.3%.
- The Income Tax Rate for Licking (zip 65542) 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 Licking (zip 65542)
- The average income of a Licking (zip 65542) resident is $18,751 a year. The US average is $37,638 a year.
- The Median household income of a Licking (zip 65542) resident is $36,650 a year. The US average is $69,021 a year.