Montevallo, MO is a small city located in Jefferson County, Missouri. It has been ranked highly by BestPlaces for several categories, such as its strong economy and low cost of living. According to BestPlaces, Montevallo has an unemployment rate of 4.2%, which is one of the lowest in the state and well below the national average. Additionally, Montevallo has also been recognized as one of the most affordable places to live in Missouri with a median home cost of $113,000. Furthermore, it was ranked as having one of the highest graduation rates in the state at 94%. This is almost 10% higher than all other cities in Missouri. Overall, Montevallo is clearly a great place to live that offers both economic stability and an affordable cost of living.
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