Wellston, MO Economy


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Wellston, MO is a small city located in St. Louis County. It offers its residents a moderate cost of living with an average two bedroom rent of $1,000 which is much lower than the US average of $1,430 for the same size apartment. Grocery costs are also relatively low at a Cost Index score of 92 when compared to the national benchmark of 100. Local businesses in the area include Missouri Wesleyan College, KDSK Radio Station, and various local restaurants. Residents in Wellston can benefit from their lower cost of living while still having access to basic amenities that make life easier.

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

Wellston 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 Wellston
- The Sales Tax Rate for Wellston is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Wellston 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 Wellston
- The average income of a Wellston resident is $7,398 a year. The US average is $28,555 a year.
- The Median household income of a Wellston resident is $33,625 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWellston, MissouriUnited States
  4.56
  -4.8%-6.2%
  26.8%33.5%
  7.6%6.2%
  5.4%4.6%
  $21,596$37,638
  $33,625$69,021
  $37,045$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  2.7%6.8%
  2.7%10.0%
  11.5%2.5%
  11.7%11.0%
  1.9%4.8%
  0.0%0.8%
  0.0%1.9%
  3.9%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  8.3%4.2%
  2.3%9.3%
  45.8%14.0%
  0.5%2.1%
  5.6%7.0%
  1.3%4.8%
  1.8%4.7%
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