Silex, MO Economy


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Silex, Missouri is a small town located just outside St. Louis County. It is known for its beautiful parks and rich history, as well as being home to several local businesses. Two bedroom rent in Silex is significantly lower than the US average of $1,430 per month, making it an attractive option for many looking to save money on housing costs. The grocery cost index in Silex is also lower than the national average at 98 versus 100 in the US. Local companies in Silex include White Carpet Cleaning, Mary's Florist and Gifts, and Beeker's Hardware Store. These businesses provide quality services and products to their customers while contributing positively to the local economy.

Silex has an unemployment rate of 4.3%. The US average is 6.0%.

Silex 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 29.5%, which is lower than the US average of 33.5%.

Tax Rates for Silex
- The Sales Tax Rate for Silex is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Silex 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 Silex
- The average income of a Silex resident is $10,915 a year. The US average is $28,555 a year.
- The Median household income of a Silex resident is $35,938 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySilex, MissouriUnited States
  4.36
  -4.5%-6.2%
  29.5%33.5%
  6.5%6.2%
  5.4%4.6%
  $12,541$37,638
  $35,938$69,021
Family Median Income 85028
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