Chesterfield, MO is a thriving city located just outside of St. Louis. It is well known for its suburban lifestyle and abundance of local businesses. Popular companies in the area include Caleres Inc., a footwear company; Edward Jones Investments; and Maritz Motivation Solutions, a leader in employee motivation services. The healthcare industry is also prominent in Chesterfield, with several hospitals and medical centers calling the city home such as Missouri Baptist Medical Center, Mercy Hospital-St. Louis, and Barnes Jewish-Christian Healthcare System. For those looking for more affordable rent prices than the US average, Chesterfield is an excellent option with two bedroom apartments available for $1,280 per month on average. The grocery cost index is also lower than that of the nation's at 106 versus 100 in the US.
Chesterfield has an unemployment rate of 3.1%. The US average is 6.0%.
Chesterfield 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 28.0%, which is lower than the US average of 33.5%.
Tax Rates for Chesterfield
- The Sales Tax Rate for Chesterfield is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Chesterfield 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 Chesterfield
- The average income of a Chesterfield resident is $52,010 a year. The US average is $28,555 a year.
- The Median household income of a Chesterfield resident is $124,551 a year. The US average is $69,021 a year.