Ludlow, Missouri is a small city in Laclede County. The population of Ludlow is 646 according to the latest census estimates. This small town offers an affordable cost of living with 2 bedroom rent falling at $780 compared to the national average of $1,430. Additionally, the grocery cost index in Ludlow is 93 versus 100 in the US, making it an attractive option for those looking to save money. The town has multiple local businesses such as J&J's Grocery Market, Smith Auto Repair and Sales, and Mondy's Barbeque. These companies provide citizens with essential goods and services while also hiring local residents and adding to the stability of Ludlow.
Ludlow (zip 64656) has an unemployment rate of 3.2%. The US average is 6.0%.
Ludlow (zip 64656) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.
Tax Rates for Ludlow (zip 64656)
- The Sales Tax Rate for Ludlow (zip 64656) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Ludlow (zip 64656) 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 Ludlow (zip 64656)
- The average income of a Ludlow (zip 64656) resident is $25,373 a year. The US average is $28,555 a year.
- The Median household income of a Ludlow (zip 64656) resident is $48,750 a year. The US average is $69,021 a year.