What Is The Average Household Income In St. Louis?

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 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 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 upper class in St. Louis?

While ZipRecruiter is seeing salaries as high as $98,512 and as low as $19,222, the majority of salaries within the Upper Class jobs category currently range between $37,002 (25th percentile) to $64,393 (75th percentile) with top earners (90th percentile) making $79,770 annually in St. Louis.

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 salary is upper class?

A family earning between $32,048 and $53,413 was considered lower-middle class. For high earners, a three-person family needed an income between $106,827 and $373,894 to be considered upper-middle class, Rose says. Those who earn more than $373,894 are rich.

See also  What Is A Good Salary In St. Louis?

What is the poorest city in St. Louis?

The poorest ZIP code in the state is in St. Louis city, just north of downtown.
St. Louis’ wealthiest ZIP codes:

  • 63341, Defiance: $105,298.
  • 63040, Grover (Wildwood): $103,911.
  • 63017, Chesterfield: $99,099.
  • 63025, Eureka: $98,590.
  • 63368, O’Fallon: $95,774.

Is St. Louis expensive to live?

St. Louis’s housing expenses are 27% lower than the national average and the utility prices are 15% higher than the national average. Transportation expenses like bus fares and gas prices are 0% higher than the national average. St.

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

What does it cost to live in St. Louis?

Summary about cost of living in Saint Louis, MO, United States: Family of four estimated monthly costs are 3,395$ without rent. A single person estimated monthly costs are 955$ without rent. Saint Louis is 32.00% less expensive than New York (without rent).

What salary is considered rich in Missouri?

According to the report, here is how much does it take to be considered “rich” in Kansas City, Missouri: Lowest Income to be Considered “Rich” (Top 20%): $109,276. Average Income of the Top 20%: $190,266. Average Income of the Top 5%: $336,124.

What is middle class income in St Louis MO?

Table

Population
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
Persons in poverty, percent  9.1%
See also  What Is Route 66 Called In St. Louis?

What is considered high income in Missouri?

(The Center Square) – Bring in at least $419,752 in yearly income, and you’ll be among the top 1 percent of earners in Missouri, according to a 24/7 Wall St. analysis of the ultra wealthy in every state. The $419,752 threshold was the 35th highest among the 50 states, according to the analysis.

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.

What is minimum wage in St. Louis?

Minimum Wage History

Time Period $ Amount
2017 $7.70
2018 $7.85
2019 $8.60
2020 $9.45

How many Americans make over $100000 per year?

The individual annual income of 24% of Americans exceeded $100,000 in 2020. The annual income of 34% of American households exceeds $100,000. In the five years to 2022, American households earning over $100,000 a year increased by 4.1%.

Are doctors High class?

The upper-middle-class usually evolves out of people from the middle-class tier who are particularly resourceful or who achieve higher levels of education than the rest of the middle class. Examples of these people in today’s society are doctors and lawyers.

See also  Where Do Visiting Teams Stay In St. Louis?

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 richest town in Missouri?

(The Center Square) – Clarkson Valley was ranked the richest town in Missouri in a 24/7 Wall St. analysis examining small, affluent communities where most households earn at least three times the state’s median annual household income.

How many millionaires are in St. Louis?

Louis has 62,092 millionaire households, representing 5.5 percent of all households in the metro area.