Lynchburg, MO is a small town with a population of 65543 people. It is known for its low living costs, and for its friendly locals. The average monthly rent for a two bedroom apartment in Lynchburg is $700, which is significantly lower than the US average of $1,430. Additionally, the grocery cost index in Lynchburg is 98 versus 100 in the US, making groceries cheaper than the national average. Residents can find plenty of local companies and services to fulfill their needs, including Lynchburg Computer Repair, Hoot’s Grocery Store and Fletcher's Auto Parts. Other amenities include medical centers such as Walker County Medical Center and dentists like Lynchburg Dental Clinic.
Lynchburg (zip 65543) has an unemployment rate of 4.7%. The US average is 6.0%.
Lynchburg (zip 65543) has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 34.2%, which is higher than the US average of 33.5%.
Tax Rates for Lynchburg (zip 65543)
- The Sales Tax Rate for Lynchburg (zip 65543) is 5.4%. The US average is 7.3%.
- The Income Tax Rate for Lynchburg (zip 65543) 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 Lynchburg (zip 65543)
- The average income of a Lynchburg (zip 65543) resident is $30,697 a year. The US average is $37,638 a year.
- The Median household income of a Lynchburg (zip 65543) resident is $0 a year. The US average is $69,021 a year.