In latest research, we now have analyzed and zeroed-in on the richest cities in plenty of states of the U.S. South, together with Alabama, Florida, and Georgia. We decided the wealthiest cities in every case primarily based on scoring a number of key monetary elements. This time round, we’re taking a look at one other state, one which straddles the South and the Midwest — Missouri.
We analyzed over 1,000 cities within the state to be able to establish the richest cities in Missouri. The best way during which we evaluated and scored every metropolis’s rating is detailed beneath.
Learn on to seek out out what the richest metropolis in Missouri is, plus the highest 50 wealthiest cities within the state general.
What Are the Richest Cities in Missouri?
To be able to put collectively this checklist of the richest cities in Missouri, we pulled knowledge from the Census Bureau’s 2022 American Group Survey. From there, we constructed a four-factor scoring system to assist establish the wealthiest cities in Missouri:
- Median family revenue
- Imply (common) family revenue
- Median house worth
- Median property taxes paid
Some necessary notes to keep in mind about Census knowledge: For sure elements, its numbers have higher limits. For instance, for median family revenue, the Census Bureau has an higher restrict of “$250,000+”. For median house worth, the higher restrict is “$2,000,000+”. Thirdly, for median property taxes paid, the higher restrict is “$10,000+”. For these causes, the imply or common family revenue dataset is important as a result of the Census Bureau has actual figures for it. All 4 of those metrics had been scored, added up, after which ranked by the cities’ mixed scores.
Beneath you’ll discover a desk detailing the highest 50 richest cities in Missouri and their respective greenback figures for every metric:
The No. 1 richest metropolis in Missouri in our rating is Nation Life Acres, a village of simply 34 complete households, roughly 19 miles east of St. Louis. In Nation Life Acres, the median family revenue exceeds $250,000, whereas its common family revenue of $617,688 is the best in Missouri. The reported median house worth in Nation Life Acres — $1,527,800 — can be the best within the state. Unsurprisingly, the median property taxes paid per yr in Nation Life Acres exceeds $10,000.