The small town of Lockwood, Missouri (65682) is located roughly 25 miles away from Springfield. It has a population of approximately 2,000 people and is part of the greater Dade County area. The average rent for a two-bedroom apartment in Lockwood is $740, which is much lower than the national average of $1,430. The grocery cost index index in Lockwood is also lower than the US average, with 93 versus 100.
Lockwood boasts a number of local businesses that offer goods and services to its community members. Examples include K & L Repair and Towing LLC and Ozark Outdoors Unlimited which are both family-owned automotive repair shops; Hillbilly Hollow Honey Company which produces locally sourced honey; and K&G Pizza Co., a popular restaurant offering fresh handmade pizza. In addition to these businesses, there is also an array of antique stores, gift shops, and art galleries within the city limits.
The county unemployment rate in Dade County sits at 4%, significantly below the national average of 6%. This statistic highlights the economic stability that exists within Lockwood's city limits.
Lockwood (zip 65682) has an unemployment rate of 3.5%. The US average is 6.0%.
Lockwood (zip 65682) 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 27.4%, which is lower than the US average of 33.5%.
Tax Rates for Lockwood (zip 65682)
- The Sales Tax Rate for Lockwood (zip 65682) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Lockwood (zip 65682) 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 Lockwood (zip 65682)
- The average income of a Lockwood (zip 65682) resident is $24,542 a year. The US average is $37,638 a year.
- The Median household income of a Lockwood (zip 65682) resident is $49,191 a year. The US average is $69,021 a year.