St. Charles, MO Economy


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St. Charles, Missouri is a great place to live with favorable housing costs and cost of living. The two bedroom rent in St. Charles, MO is $1,090 compared to the U.S average of $1,430 making it an affordable city for renters. The Grocery Cost Index in St. Charles, MO is 99 versus 100 in the US indicating low grocery costs which make shopping for groceries easy on the wallet! In addition to its affordability, St. Charles has many great attractions like First Missouri State Capitol Historic Site and Arrington Vineyards & Winery. Local companies span various industries such as fabric retailer Fabric Depot & Co., furniture maker Red Threads Home Company and health care provider SSM Health Medical Group.

St. Charles has an unemployment rate of 3.9%. The US average is 6.0%.

St. Charles has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.

Tax Rates for St. Charles
- The Sales Tax Rate for St. Charles is 8.0%. The US average is 7.3%.
- The Income Tax Rate for St. Charles 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 St. Charles
- The average income of a St. Charles resident is $29,645 a year. The US average is $28,555 a year.
- The Median household income of a St. Charles resident is $75,516 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySt. Charles, MissouriUnited States
  3.96
  -4.8%-6.2%
  29.6%33.5%
  8.0%6.2%
  5.4%4.6%
  $42,881$37,638
  $75,516$69,021
  $94,990$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  5.7%6.8%
  12.2%10.0%
  3.1%2.5%
  10.1%11.0%
  3.9%4.8%
  0.5%0.8%
  2.0%1.9%
  7.0%4.7%
  1.9%1.9%
  8.2%7.6%
  0.3%0.1%
  3.4%4.2%
  12.1%9.3%
  11.5%14.0%
  2.5%2.1%
  8.0%7.0%
  4.1%4.8%
  3.0%4.7%
Reviews for St. Charles
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Over 6 years ago

I grew up here and I loved everything about the county. There are thousands of little trails all over the place, so when I was a child we would always go running around  More

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Over 9 years ago

It is way too hot & humid here in the summer. Winters are great, except for a lack of  More

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Good growth, decent economics, below average politics. School system above  More

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