Zip 63117 (Richmond Heights, MO) Economy


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Richmond Heights, MO is a great place to call home with its two bedroom rent at just $1,100 as compared to the national average of $1,430. In addition to more affordable rent costs, Richmond Heights also has a lower Grocery Cost Index than the national average at 101 versus 100. As a result, residents get more bang for their buck when it comes to grocery shopping.
The city is home to various local companies such as Edison Brothers Stores Inc., Janney Montgomery Scott LLC and Phillips 66 Company. There are many attractions in Richmond Heights such as The Heights Theater and St. Louis Galleria Shopping Mall. Locals can also enjoy educational opportunities with Saint Louis University nearby.

Richmond Heights (zip 63117) has an unemployment rate of 4.5%. The US average is 6.0%.

Richmond Heights (zip 63117) 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 Richmond Heights (zip 63117)
- The Sales Tax Rate for Richmond Heights (zip 63117) is 9.1%. The US average is 7.3%.
- The Income Tax Rate for Richmond Heights (zip 63117) 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 Richmond Heights (zip 63117)
- The average income of a Richmond Heights (zip 63117) resident is $48,715 a year. The US average is $28,555 a year.
- The Median household income of a Richmond Heights (zip 63117) resident is $87,143 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRichmond Heights, MissouriUnited States
  4.56
  -4.8%-6.2%
  26.8%33.5%
  9.1%6.2%
  5.4%4.6%
  $63,453$37,638
  $87,143$69,021
  $132,115$85,028
  Population by Occupation
  1.0%1.2%
  0.4%0.5%
  4.8%6.8%
  10.4%10.0%
  1.5%2.5%
  5.2%11.0%
  1.0%4.8%
  1.6%0.8%
  0.8%1.9%
  7.5%4.7%
  2.3%1.9%
  15.2%7.6%
  1.4%0.1%
  2.8%4.2%
  15.9%9.3%
  15.6%14.0%
  3.6%2.1%
  4.5%7.0%
  3.4%4.8%
  0.9%4.7%
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