Louisburg, MO is a small town located in southwest Missouri with a population of 6,568. Louisburg is an affordable place to live with the average two bedroom rent being $730 as opposed to $1,430 nationally. This allows for people to have more money in their wallets to put towards other expenses. Grocery cost index in Louisburg is also lower than the US average of 100 at 93. Local businesses that serve the community include Lou’s Burger Barn, which offers delicious burgers and sandwiches; Gee’s Country Store which provides fun items for outdoor activities; and Sallie’s Sweet Treats that sells homemade goodies like cookies and cupcakes. According to City-Data (https://www.city-data.com/city/Louisburg-Missouri.html), Louisburg is a quiet town where “people are friendly and welcoming” making it an ideal place to call home.
Louisburg (zip 65685) has an unemployment rate of 4.6%. The US average is 6.0%.
Louisburg (zip 65685) has seen the job market decrease by -1.9% over the last year. Future job growth over the next ten years is predicted to be 26.9%, which is lower than the US average of 33.5%.
Tax Rates for Louisburg (zip 65685)
- The Sales Tax Rate for Louisburg (zip 65685) is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Louisburg (zip 65685) 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 Louisburg (zip 65685)
- The average income of a Louisburg (zip 65685) resident is $16,577 a year. The US average is $37,638 a year.
- The Median household income of a Louisburg (zip 65685) resident is $35,313 a year. The US average is $69,021 a year.