St. Louis, Missouri is an amazing city with plenty of diversions, attractions and culture for visitors, locals, and businesses alike. With its bustling downtown area full of restaurants, bars and entertainment venues as well as its close knit residential neighborhoods like 63107, it's easy to see why so many people choose to call St. Louis their home. People living in 63107 know they can get a great deal on an average 2 bedroom rental for only $850 compared to the US average rent of $1,430. Additionally, grocery costs are lower than the national index with a score of 91 versus 100 in the US. This means residents can save money while still enjoying all that St. Louis has to offer. Companies like Schnucks Grocery Stores or local farmers markets could benefit from residents looking to save money on groceries and take advantage of the low cost of living in 63107 St. Louis, MO.
St. Louis (zip 63107) has an unemployment rate of 6.3%. The US average is 6.0%.
St. Louis (zip 63107) 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 23.9%, which is lower than the US average of 33.5%.
Tax Rates for St. Louis (zip 63107)
- The Sales Tax Rate for St. Louis (zip 63107) is 9.2%. The US average is 7.3%.
- The Income Tax Rate for St. Louis (zip 63107) is 6.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for St. Louis (zip 63107)
- The average income of a St. Louis (zip 63107) resident is $12,831 a year. The US average is $28,555 a year.
- The Median household income of a St. Louis (zip 63107) resident is $33,944 a year. The US average is $69,021 a year.