Valley Park, MO is a small city located in St. Louis County and is a great place to settle down due to its low cost of living. The average two bedroom rental rate in Valley Park is $1,130 per month, which is much lower than the US average of $1,430 per month. Additionally, the grocery cost index for Valley Park is 98 compared to 100 in the US, making it very affordable to buy groceries here as well. There are many local businesses in Valley Park such as The Corner Store and Family Pharmacy that provide residents with all of their needs while shopping locally. All in all, Valley Park provides an economical place to live without compromising on quality of life or amenities.
Valley Park has an unemployment rate of 4.5%. The US average is 6.0%.
Valley Park has seen the job market decrease by -4.8% 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 Valley Park
- The Sales Tax Rate for Valley Park is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Valley Park 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 Valley Park
- The average income of a Valley Park resident is $36,965 a year. The US average is $37,638 a year.
- The Median household income of a Valley Park resident is $57,399 a year. The US average is $69,021 a year.