Oakwood Park, MO is a small town located in the greater St. Louis area. Despite its size, it offers residents plenty of amenities and activities to enjoy. 2 bedroom rent in Oakwood Park, MO is approximately $1,170, which is significantly lower than the US average rent of $1,430. The local Grocery Cost Index is also lower than the national average at 97 versus 100 in the US. Local companies include Oakwood Park Home Improvements and Services; an independent contractor for home improvements and services; and Missouri Seed Company, a regional distributor of agricultural seeds and supplies.
Oakwood Park has an unemployment rate of 4.2%. The US average is 6.0%.
Oakwood Park has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.
Tax Rates for Oakwood Park
- The Sales Tax Rate for Oakwood Park is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Oakwood Park 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 Oakwood Park
- The average income of a Oakwood Park resident is $31,847 a year. The US average is $28,555 a year.
- The Median household income of a Oakwood Park resident is $78,333 a year. The US average is $69,021 a year.