Ballwin, MO is a friendly suburb located in St. Louis County. With affordable rent of $1,320 for a two bedroom apartment and an overall grocery cost index of 102 compared to the national average of 100, Ballwin offers its residents plenty of chances to save money while living comfortably. The city is home to several local businesses, including Allstate Insurance Company, Collins Autobody & Paint – Ballwin, SCHEELS Sporting Goods and Apparel, and Brinkoetter Realtors among others. These businesses create employment opportunities for locals and contribute to the economic development of the region.
Ballwin has an unemployment rate of 2.8%. The US average is 6.0%.
Ballwin has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 27.1%, which is lower than the US average of 33.5%.
Tax Rates for Ballwin
- The Sales Tax Rate for Ballwin is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Ballwin 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 Ballwin
- The average income of a Ballwin resident is $40,300 a year. The US average is $28,555 a year.
- The Median household income of a Ballwin resident is $107,806 a year. The US average is $69,021 a year.