Twin Oaks, MO is a unique suburb just outside of St. Louis offering an abundance of local amenities. The cost of living in Twin Oaks is slightly lower than the national average at 101 compared to the US index of 100. The average rent for a 2 bedroom dwelling in Twin Oaks is $1,170 per month which is relatively lower than the US average of $1,430 for a similar dwelling. Local companies within Twin Oaks include Starbuck’s, Target, McDonald’s and Home Depot which are all reliable sources for daily needs. All-in-all, Twin Oaks offers a great balance between affordability and access to essential amenities providing residents with a desirable combination of convenience and quality of life.
Twin Oaks has an unemployment rate of 4.5%. The US average is 6.0%.
Twin Oaks 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 Twin Oaks
- The Sales Tax Rate for Twin Oaks is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Twin 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 Twin Oaks
- The average income of a Twin Oaks resident is $38,812 a year. The US average is $28,555 a year.
- The Median household income of a Twin Oaks resident is $105,500 a year. The US average is $69,021 a year.