Velda Village Hills, MO is a small suburb located outside of St. Louis, just north of the Missouri River. It offers residents a peaceful setting with affordable housing options in comparison to the US average. The average 2 bedroom rent is $960, much lower than the US average of $1,430, making it an attractive option for those looking to save on rent. Grocery costs are also lower in Velda Village Hills at 91 versus 100 in the US as a whole, making it ideal for budget-conscious shoppers. Local companies and amenities include Walmart, Dollar General, Aldi's discount store, several local restaurants and bars, fast food options such as McDonalds and Burger King, and an assortment of hair salons and barber shops. There are plenty of recreational activities available such as public parks with walking trails perfect for outdoor enthusiasts or those looking to relax in nature. Additionally there are two golf courses nearby open to all skill levels both surrounded by beautiful scenery making it an enjoyable outing for all ages.
Velda Village Hills has an unemployment rate of 4.5%. The US average is 6.0%.
Velda Village Hills 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 Velda Village Hills
- The Sales Tax Rate for Velda Village Hills is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Velda Village Hills 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 Velda Village Hills
- The average income of a Velda Village Hills resident is $16,538 a year. The US average is $28,555 a year.
- The Median household income of a Velda Village Hills resident is $40,163 a year. The US average is $69,021 a year.