Lemay, MO Economy


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Lemay, MO is a suburb of St Louis with a population just over 18,000 people. The city offers a variety of amenities and attractions to its residents, such as the Lemay Community Center, Lemay Family YMCA, and Laumeier Sculpture Park. It's also close to many historical sites such as the Jefferson Barracks National Cemetery and the Gateway Arch. The average two bedroom rent in Lemay is $970 compared to the US average of $1,430, making it an affordable housing option for families. Additionally, the Grocery Cost Index in Lemay is 96 versus 100 in the US which allows residents to enjoy saving on groceries as well. Furthermore, local companies such as UFT Home Health Care Services, Best Transportation Services Inc., and LMI Solutions provide employment opportunities for locals. All these aspects combine to make Lemay an attractive place to live with an overall cost of living that remains below average compared to most areas around it.

Lemay has an unemployment rate of 4.5%. The US average is 6.0%.

Lemay 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 26.8%, which is lower than the US average of 33.5%.

Tax Rates for Lemay
- The Sales Tax Rate for Lemay is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Lemay 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 Lemay
- The average income of a Lemay resident is $20,833 a year. The US average is $28,555 a year.
- The Median household income of a Lemay resident is $53,271 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLemay, MissouriUnited States
  4.56
  -4.8%-6.2%
  26.8%33.5%
  7.6%6.2%
  5.4%4.6%
  $26,873$37,638
  $53,271$69,021
  $67,792$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  5.4%6.8%
  12.6%10.0%
  3.2%2.5%
  13.1%11.0%
  3.1%4.8%
  0.0%0.8%
  0.7%1.9%
  9.2%4.7%
  1.2%1.9%
  2.8%7.6%
  0.2%0.1%
  4.8%4.2%
  6.2%9.3%
  16.0%14.0%
  2.4%2.1%
  12.7%7.0%
  4.5%4.8%
  1.7%4.7%
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