Webster Groves, MO Economy


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Webster Groves, MO is a vibrant city located in St. Louis County. It is known for its charming downtown area with plenty of local businesses, restaurants, and shops. The cost of living in Webster Groves is significantly cheaper than the national average, with the average 2 bedroom rent being $1,030 compared to $1,430 nationally. Furthermore, the grocery cost index in Webster Groves is slightly higher than the US average at 101 versus 100. Notable companies located in Webster Groves include Ben & Jerry's Scoop Shop and J&M Printing Solutions.

Webster Groves has an unemployment rate of 4.5%. The US average is 6.0%.

Webster Groves 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 Webster Groves
- The Sales Tax Rate for Webster Groves is 9.1%. The US average is 7.3%.
- The Income Tax Rate for Webster Groves 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 Webster Groves
- The average income of a Webster Groves resident is $46,846 a year. The US average is $28,555 a year.
- The Median household income of a Webster Groves resident is $98,284 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWebster Groves, MissouriUnited States
  4.56
  -4.8%-6.2%
  26.8%33.5%
  9.1%6.2%
  5.4%4.6%
  $55,500$37,638
  $98,284$69,021
  $135,080$85,028
  Population by Occupation
  0.8%1.2%
  0.1%0.5%
  3.0%6.8%
  7.3%10.0%
  2.2%2.5%
  7.8%11.0%
  1.7%4.8%
  1.0%0.8%
  3.6%1.9%
  8.7%4.7%
  1.7%1.9%
  14.9%7.6%
  0.6%0.1%
  1.9%4.2%
  16.7%9.3%
  14.4%14.0%
  2.7%2.1%
  4.6%7.0%
  3.1%4.8%
  3.1%4.7%
Reviews for Webster Groves
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Over 11 years ago

Nice community, centrally located, great library, decent restaurants. The drawback for me is that, like most of the St Louis metro area, it's not very walking friendly.  More

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Over 18 years ago

Any comments regarding real estate property costs are  More

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