Lake St. Louis, MO is a vibrant city located in St. Charles County in the state of Missouri. This family-friendly city is an appealing option for those who want to live in an area with plenty of amenities without sacrificing affordability. The average 2 bedroom rent in Lake St. Louis cost $1,220 compared to the US average of $1,430 making it an attractive option for families or individuals on a budget. Additionally, the grocery cost index in the area is 101 versus 100 in the US adding to its affordability.
The city offers many business opportunities as there are numerous local companies like AO Smith Corporation, Enterprise Holdings, Graybar Electric Co., and Midwest BankCentre located here. With its strategic location close to interstates I-64 and I-70, visitors and residents alike have easy access to shopping centers like the Shoppes At Hawk Ridge and West Oak Commons for entertainment options like movie theaters and shopping malls. There are also several attractions such as Heritage Museum which displays artifacts from all around the world and Creve Coeur Lake Memorial Park where you can enjoy nature trails and fishing spots.
Lake St. Louis has an unemployment rate of 3.4%. The US average is 6.0%.
Lake St. Louis 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 31.4%, which is lower than the US average of 33.5%.
Tax Rates for Lake St. Louis
- The Sales Tax Rate for Lake St. Louis is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Lake St. Louis 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 Lake St. Louis
- The average income of a Lake St. Louis resident is $38,701 a year. The US average is $28,555 a year.
- The Median household income of a Lake St. Louis resident is $106,098 a year. The US average is $69,021 a year.