Trends in St Louis, MO Nominal Median Household Income since 2005. At $66,417, the median household income for St louis was at a new nominal high in 2019.
What is middle-class income Missouri?
Missouri. Income needed to be considered middle class: $24,027 – $116,507. Median family income: $73,457 (15th lowest) Share of income held by “middle class”: 46.7% (25th lowest) Share of income held by wealthiest 5% of households: 22.2% (23rd highest)
What salary is considered upper class in Missouri?
Upper Class Salary in St. Louis, MO
| Annual Salary | Weekly Pay | |
|---|---|---|
| Top Earners | $79,770 | $1,534 |
| 75th Percentile | $64,393 | $1,238 |
| Average | $48,895 | $940 |
| 25th Percentile | $37,002 | $711 |
What is the average family income for St. Louis Missouri?
Table
| Population | |
|---|---|
| Mean travel time to work (minutes), workers age 16 years+, 2016-2020 | 24.1 |
| Income & Poverty | |
| Median household income (in 2020 dollars), 2016-2020 | $68,661 |
| Per capita income in past 12 months (in 2020 dollars), 2016-2020 | $42,682 |
What is a good salary in St. Louis?
Ultimately, the most affordable metro area was St. Louis, where a salary of $46,864 is enough to satisfy the 50/30/20 rule. St. Louis edged out the Detroit-Warren-Dearborn area, where a salary of $46,914 is considered enough.
What is a livable wage in Missouri?
Living Wage Calculation for Missouri
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $16.29 | $37.10 |
| Poverty Wage | $6.19 | $12.74 |
| Minimum Wage | $11.15 | $11.15 |
What is a good salary in Missouri?
$20.39 is the 25th percentile. Wages below this are outliers. $41.20 is the 90th percentile. Wages above this are outliers.
What are Top 10 Highest Paying Cities for Average Jobs in Missouri.
| City | O’Fallon |
|---|---|
| Annual Salary | $66,322 |
| Monthly Pay | $5,527 |
| Weekly Pay | $1,275 |
| Hourly Wage | $31.89 |
What is considered rich in St Louis?
Find out what’s happening in St. Louiswith free, real-time updates from Patch.
- Money it takes to be considered rich in St. Louis: $119,560.
- Money it takes to be in the top 1 percent in Missouri: $ 305,471.
- Median income in St. Louis: $59,780.
- Metro-area population: 2.8 million.
What salary is considered rich for a single person?
With a $500,000+ income, you are considered rich, wherever you live! According to the IRS, any household who makes over $500,000 a year in 2022 is considered a top 1% income earner. Of course, some parts of the country require a higher income level to be in the top 1% income, e.g. Connecticut at $580,000.
What is a good net worth by age?
The average net worth for U.S. families is $748,800. The median — a more representative measure — is $121,700.
Average net worth by age.
| Age of head of family | Median net worth | Average net worth |
|---|---|---|
| 35-44 | $91,300 | $436,200 |
| 45-54 | $168,600 | $833,200 |
| 55-64 | $212,500 | $1,175,900 |
| 65-74 | $266,400 | $1,217,700 |
What is the median salary in St. Louis?
The median household income for white households in St. Louis is nearly twice that of black households. White households have the highest median income of $55,000. Black households have the lowest median income of $28,000, followed by Hispanic households with $34,200.
What is the cost of living in St. Louis?
St. Louis cost of living is 81.3
| COST OF LIVING | St. Louis | Missouri |
|---|---|---|
| Grocery | 95.3 | 94.9 |
| Health | 88.7 | 97.6 |
| Housing | 50 | 69 |
| Median Home Cost | $155,200 | $194,000 |
Is St. Louis a cheap place to live?
Overall, St. Louis has a lower cost of living compared to the U.S. average. All factors, including grocery, health, utilities and transportation are below the national average, according to BestPlaces.net. In reference to housing costs, St.
Is 84k a good salary for a single person?
Depending on the size of your family, $80,000 can comfortably cover living expenses and beyond. According to the U.S census as of 2020, the median salary for a four-person household is $68,400 per year, making 80K a substantially higher income than that of the average American.
Is Saint Louis a good place to live?
Louis ranks among the best places to live. According to the 2019 U.S. News & World Report, St. Louis ranks among the best places to live in the U.S., coming in at number 81 of 125 cities.
What is minimum wage in St. Louis?
With the passage of Proposition B, Missouri’s minimum wage was set to increase from $7.85 in 2018 to the following: $9.45 in 2020. $10.30 in 2021. $11.15 in 2022.
What is considered middle class in Missouri?
The middle class is usually defined as the group of earners in the center of the earning scale.
How much you have to earn to be middle class in every state.
| State | Middle-class income | Median household income |
|---|---|---|
| Nebraska | $46,906 | $63,229 |
| Missouri | $46,649 | $57,409 |
| Kansas | $46,485 | $62,087 |
| Alabama | $45,559 | $51,734 |
What is a teacher’s salary in Missouri?
Missouri’s average teacher salary is around $52,000, and most teacher salaries are on the rise. On this page, find everything you need to know about salary and benefits for Missouri teachers.
What is a good salary for a single person in Missouri?
$25,279 is the 25th percentile. Salaries below this are outliers. $71,126 is the 90th percentile. Salaries above this are outliers.
What job pays the most in Missouri?
Detailed List Of Highest Paying Jobs In Missouri
| Rank | Job Title | Entry Level Salary |
|---|---|---|
| 1 | Medical Director | $127,000 |
| 2 | Chief Executive Officer/chief Technology Officer | $130,000 |
| 3 | Chief Medical Officer | $125,000 |
| 4 | President & Chief Technology Officer | $128,000 |
What is the cheapest city to live in in Missouri?
The 5 Most Affordable Places to Live In Missouri
- Webb City. This beautiful town of about 11,000 is right on the Kansas border and is within sight of the Ozark Mountains.
- New Franklin. New Franklin is a quaint little Missouri town that just might be the most affordable place to live in the entire state.
- Fayette.
- Aurora.
- St.