Oaks, Missouri is a small city located approximately 25 miles from St. Louis, Missouri. Oaks offers a relaxed atmosphere with plenty of local businesses to explore. Popular local companies include Sunrise Medical Laboratories, The Glass Menagerie and Sonrise Carpet Cleaning Services. Oaks has great amenities for its residents including parks, shopping centers and restaurants. The cost of living in Oaks is quite reasonable as indicated by the 2 bedroom rent which is $1,170 - substantially lower than the US median of $1,430. Grocery costs are also quite low at 97 compared to the US average of 100. All in all, Oaks is an ideal place for those interested in finding a peaceful location close to big city amenities at an affordable price.
Oaks has an unemployment rate of 4.2%. The US average is 6.0%.
Oaks has seen the job market decrease by -3.8% 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 Oaks
- The Sales Tax Rate for Oaks is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Oaks 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 Oaks
- The average income of a Oaks resident is $46,208 a year. The US average is $37,638 a year.
- The Median household income of a Oaks resident is $116,250 a year. The US average is $69,021 a year.