University City, MO is a thriving city near the University of Missouri – St. Louis campus with plenty of businesses and amenities for residents and visitors alike. It is home to many well-known companies such as Express Scripts, Energizer Holdings, Edward Jones Investments, and Boeing Research & Technology. The cost of living in University City is slightly lower than the US average. For instance, the average 2 bedroom rent in University City is $1,190 per month compared to $1,430 nationwide. Additionally, the Grocery Cost Index in University City is equal to the US average at 100. As a result of its proximity to St. Louis as well as its affordable cost of living and diverse selection of businesses, University City has become an attractive destination for students and families alike.
University City has an unemployment rate of 4.3%. The US average is 6.0%.
University City 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 25.8%, which is lower than the US average of 33.5%.
Tax Rates for University City
- The Sales Tax Rate for University City is 9.1%. The US average is 7.3%.
- The Income Tax Rate for University City 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 University City
- The average income of a University City resident is $38,933 a year. The US average is $28,555 a year.
- The Median household income of a University City resident is $66,830 a year. The US average is $69,021 a year.