Livonia, MO (63551) is a small rural town situated in Scotland County. The average 2 bedroom rent here is $740, which is significantly lower than the US average of $1,430. The Grocery Cost Index in Livonia is 86 versus 100 in the US, making it a great option for those searching for affordable housing options.
The local economy consists primarily of small businesses and family farms. Popular businesses include Family Farms Produce, Gasconade Co-op Grain Inc., and MFA Livestock Exchange. Additionally, the city hosts several specialty stores such as Your Floral Artistry and Uncle Buck's Archery Shop. There are also some restaurants like B&B Diner and Joe's Bar & Grill that offer authentic local cuisine. All these businesses make Livonia an ideal place to live with plenty of job opportunities and activities to keep you busy.
Livonia (zip 63551) has an unemployment rate of 3.4%. The US average is 6.0%.
Livonia (zip 63551) has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 16.8%, which is lower than the US average of 33.5%.
Tax Rates for Livonia (zip 63551)
- The Sales Tax Rate for Livonia (zip 63551) is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Livonia (zip 63551) 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 Livonia (zip 63551)
- The average income of a Livonia (zip 63551) resident is $26,387 a year. The US average is $37,638 a year.
- The Median household income of a Livonia (zip 63551) resident is $0 a year. The US average is $69,021 a year.