Zip 63862 (Lilbourn, MO) Economy


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United States / Missouri / No Metro Area / New Madrid County / Lilbourn / Lilbourn (zip 63862)
Lilbourn, MO (63862) is a great place to call home with its relatively affordable rent and low grocery index. The average cost of two bedroom rental apartments in Lilbourn is around $700 which is $730 lower than the national average of $1,430. Similarly, the Grocery Cost Index in Lilbourn is 92 versus 100 in the US, making it significantly cheaper to buy groceries here. Aside from the great cost of living that Lilbourn offers, there are also several local businesses that make this area even better. Companies such as Johnny's Furniture Store, T-Bar BBQ & Grill, and Keith's Tire Shop specialize in different areas and offer quality services at good prices. If you're looking for a place to live with low living costs and plenty of nearby options for services and entertainment, then Lilbourn should be your destination!

Lilbourn (zip 63862) has an unemployment rate of 4.5%. The US average is 6.0%.

Lilbourn (zip 63862) 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 3.3%, which is lower than the US average of 33.5%.

Tax Rates for Lilbourn (zip 63862)
- The Sales Tax Rate for Lilbourn (zip 63862) is 7.2%. The US average is 7.3%.
- The Income Tax Rate for Lilbourn (zip 63862) 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 Lilbourn (zip 63862)
- The average income of a Lilbourn (zip 63862) resident is $14,851 a year. The US average is $28,555 a year.
- The Median household income of a Lilbourn (zip 63862) resident is $34,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLilbourn, MissouriUnited States
  4.56
  2.0%-6.2%
  3.3%33.5%
  7.2%6.2%
  5.4%4.6%
  $17,868$37,638
  $34,125$69,021
  $46,500$85,028
  Population by Occupation
  4.9%1.2%
  0.0%0.5%
  9.7%6.8%
  15.9%10.0%
  4.3%2.5%
  4.7%11.0%
  4.5%4.8%
  0.0%0.8%
  0.4%1.9%
  0.6%4.7%
  1.7%1.9%
  0.9%7.6%
  0.0%0.1%
  2.2%4.2%
  8.8%9.3%
  22.2%14.0%
  0.4%2.1%
  12.9%7.0%
  2.8%4.8%
  3.0%4.7%
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