St. Louis city Real Estate and Livability Trends
In St. Louis city, Missouri, average taxable income per tax return jumped from $44,677.49 in 2013 to $64,596.27 in 2021, reflecting a significant rise in earnings that might elevate demand for housing and commercial properties. Median home values also climbed, from $120,400 in 2015 to $174,100 in 2022, confirming a broader trend of appreciation despite staying below state and national averages.... Read more
St. Louis city Market Trends
Over the last eight years, median home values in St. Louis city have trended upwards, rising from $120,400 in 2015 to $174,100 in 2022, still staying below Missouri’s and the national median home values. Despite significant fluctuations in residential energy tax credits—from $466.32 in 2013 to $1,404.00 by 2018—these changes highlight possible incentives for energy-efficient homes. The... Read more
Median Value of Occupied Housing Units in St. Louis city, Missouri Over the Last 8 Years
Over the last eight years, median home values in St. Louis city have experienced consistent growth, jumping from $120,400 in 2015 to $174,100 in 2022. This upward trend may be appealing to investors eyeing the region. Although the increase is impressive, it still places St. Louis below both Missouri's median of $199,400 and the national median of $179,400, suggesting potential value for buyers. The pace of growth in St. Louis also highlights a local market that's possibly catching up with wider state and national trends, creating opportunities for those looking to capitalize on emerging markets.
Residential Energy Tax Credit Per Tax Return in St. Louis city, MO Over the Last 9 Years
Residential energy tax credits in St. Louis City, Missouri have seen notable fluctuations over the past nine years. From 2013's average of $466.32, the credit dropped to its lowest at $363.82 in 2016 but then spiked significantly to $1,404.00 by 2018. This pattern likely reflects broader trends in energy efficiency incentives and investments. Such data is critical for potential investors, property developers, and real estate agents to understand the financial benefits and support available for energy-efficient residential projects.
Average Real Estate Taxes Per Tax Return in St. Louis city, MO Over the Last 10 Years
Over the past decade, St. Louis City, Missouri has seen a notable increase in average real estate taxes per tax return, starting at roughly $2,391.67 in 2012 and escalating to around $4,857.35 by 2021. The steepest climbs appear between 2015 and 2018, suggesting significant changes in property valuations or tax rates. This upward trend might make potential investors consider the rising costs, while also indicating potentially higher property values for current owners. Appraisers and insurance agents may find this valuable for adjusting property valuations and premiums accordingly. For those looking to build or move to St. Louis City, understanding this trend can aid in budgeting more accurately for long-term home ownership expenses.
Percentage of Farm Returns in St. Louis city, MO Over the Last 10 Years
Farm tax returns are basically tax filings from landowners who use their property for agricultural activities, which can indicate the scale of farming in a given area. In St. Louis City, Missouri, the percentage of farm returns has hovered around 0.09% over the last decade, with a slight increase noted in 2016 but a general decline afterward. This might suggest minimal agricultural activity in the region, possibly due to urban development. Investors or potential homeowners should consider this limited farming industry when evaluating property and investment opportunities in St. Louis City.
Number of Mortgages by Occupancy Type in St. Louis city, MO Over the Last 5 Years in St. Louis city
Over the last five years, St. Louis city, Missouri has seen fluctuating trends in mortgage counts by occupancy type. Principal residences saw a significant spike in 2021 with 16,408 mortgages, the highest over this period. Investment properties experienced a notable rise in 2021 as well, reaching 3,169 mortgages. In contrast, second residences consistently showed much lower volumes, peaking modestly at 292 in 2021. Shifts in occupancy types can influence local market dynamics; a surge in investment properties may signal a growing interest from investors, whereas high numbers of principal residence mortgages might reflect increasing attractiveness for long-term homeownership. Understanding these trends can offer valuable insights for investors, real estate agents, and other stakeholders assessing market vitality and property values.
Economic Outlook
In St. Louis city, Missouri, average taxable income per tax return has climbed from about $44,677.49 in 2013 to $64,596.27 in 2021, despite a slight dip in 2020 likely due to the pandemic. This rising income trend could hint at growing economic prosperity and higher earning potential in the area, which is crucial for real estate investors and developers eyeing increased housing and commercial property demand. Local income taxes have surged as well, from around $6,985.60 in 2013 to $11,170.63 in... Read more
Average Taxable Income per Tax Return in St. Louis city, MO over the last 9 years
St. Louis city, Missouri has shown a notable increase in average taxable income per tax return over the past nine years, from approximately $44,677.49 in 2013 to around $64,596.27 in 2021. This upward trend, with a slight dip in 2020 possibly due to pandemic-related economic disruptions, might suggest growing economic prosperity and increasing earning potential in the area. For investors, real estate agents, and developers, this could indicate a rising demand for housing and commercial properties. Appraisers and insurance agents might find these trends useful for assessing property values and setting premiums.
Average State and Local Income Taxes Per Tax Return in St. Louis city, MO Over the Last 10 Years
Over the past decade, average state and local income taxes per tax return in St. Louis city, Missouri have shown notable fluctuations. Early years like 2013 and 2014 registered values around $6,560.22 and $6,985.60 respectively, but recent years have seen notable jumps. For instance, 2018 saw taxes soar to $10,853.21, and by 2021, it reached $11,170.63. While these increases may reflect economic growth or higher municipal demands, they could also impact decisions for those considering moving to, investing in, or building property in St. Louis.
Average Total Tax Liability Per Tax Return in St. Louis city, MO Over the Last 10 Years
Over the last decade, St. Louis city, Missouri, has seen a consistent rise in the average total tax liability per tax return, culminating in a notable peak at $11,299.81 in 2021. This growth trend suggests increasing financial burdens on residents, which could impact decisions for potential investors, property developers, and new residents. Understanding these shifts can help real estate agents and insurance agents gauge the economic environment and forecast future market conditions. It's also crucial for current residents and those considering moving to the area to be aware of the potential long-term tax implications.
Cost of Living in St. Louis city
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,180 | $1,657 | $1,785 | $1,590 | $1,309 |
1 adult 4 children | $1,180 | $1,353 | $1,373 | $1,590 | $1,392 |
2 adults 3 children | $1,180 | $1,354 | $1,545 | $1,590 | $1,040 |
1 adult 3 children | $1,180 | $1,105 | $1,133 | $1,590 | $1,125 |
2 adults 2 children | $911 | $1,108 | $1,305 | $1,404 | $864 |
1 adult 2 children | $911 | $828 | $893 | $1,404 | $822 |
2 adults 1 child | $911 | $876 | $1,065 | $799 | $751 |
1 adult 1 child | $911 | $566 | $653 | $799 | $635 |
2 adults | $725 | $703 | $825 | $0 | $533 |
1 adult | $682 | $384 | $413 | $0 | $461 |
Safety trends & Data
Property crime in St. Louis, Missouri has seen some interesting changes over the past five years. While arson has stayed consistently low, there's been a decrease in burglary from 420 cases in 2018 to 362 in 2022. Larceny-theft, which is a major worry, dropped significantly from 1226 to 450 within the same period. However, motor vehicle thefts saw a notable rise in 2021 with 376 reported cases. Stolen property offenses peaked at 1597 in 2019 but fell to 601 by 2022. Keeping an eye on these... Read more
Property Crime Trends in St. Louis city, MO Over the Last 5 Years
Property crime in St. Louis, Missouri has shown notable fluctuations over the last five years. While arson has remained relatively low and stable, burglary has seen a decrease from 420 in 2018 to 362 in 2022. Larceny-theft, a major concern, significantly dropped from 1226 in 2018 to 450 in 2022. However, motor vehicle thefts increased sharply in 2021 to 376, indicating a temporary spike in that category. Stolen property offenses varied widely, peaking at 1597 in 2019 before dropping to 601 in 2022. If you’re considering investing or moving to this area, understanding these crime trends can be crucial in evaluating both risks and opportunities in property investments and insurance analytics.
Demographics
St. Louis city, Missouri, exhibits a well-balanced male-to-female ratio with a slightly higher number of females. The educational attainment data hints at a workforce with a substantial portion having completed high school or higher education. The city's age distribution shows a significant concentration of younger adults, particularly those aged 25 to 34, often a demographic associated with economic activity and innovation. Racially, the city seems relatively diverse, with near-equivalent... Read more
Race Distribution in St. Louis city, Missouri (2022)
Educational Attainment in St. Louis city, Missouri (2022)
Age Distribution in St. Louis city, Missouri
Citizen Population in St. Louis city, Missouri (2022)
Political Trends & Data
In Saint Louis City, Missouri, the 2020 U.S. Presidential Election likely showed an overwhelming preference for the Democratic Party, which might have captured around 82% of the votes. The Republican Party could have received approximately 16%, with minor parties collectively accounting for the remaining votes. This heavy Democratic leaning could indicate potential market stability and resilience, often seen in urban areas with strong political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Saint Louis City, Missouri, the 2020 U.S. Presidential Election appeared to lean heavily towards the Democratic Party, with approximately 82% of the votes. The Republican Party might have garnered around 16%, while the Libertarian and Green parties seemed to capture roughly 1.1% and 0.5%, respectively. The remaining votes, perhaps a negligible 0.1%, went to other parties. These figures suggest a predominantly Democratic preference in this urban county.
16.04% of voters voted for the Republican party in the 2020 Presidential Election
82.24% of voters voted for the Democrat party in the 2020 Presidential Election
1.12% of voters voted for the Livertarian party in the 2020 Presidential Election
0.49% of voters voted for the Green party in the 2020 Presidential Election
0.12% of voters voted for the Other party in the 2020 Presidential Election
School Data
In St. Louis City, Missouri, the student-to-teacher ratio has consistently been below the national average of 14:1 over the last decade, dropping from 13:1 in 2014 to as low as 11:1 in 2021 and 2022. This trend could mean more individualized attention for students and possibly an enhanced quality of education. Families might find this appealing when considering a move, while property investors could see value in stable or improving school districts. Real estate agents can leverage this to... Read more
Student-to-teacher ratio in St. Louis City, Missouri over the last 10 years
The student-to-teacher ratio in St. Louis City, Missouri has generally trended below the national average of 14 students per teacher over the last decade. This ratio dropped from 13 students per teacher in 2014 to around 12 in recent years, reaching as low as 11 in 2021 and 2022. This lower ratio potentially offers more individualized attention for students and possibly enhances the quality of education—a factor that might appeal to families considering a move, property investors eyeing stable or improving school districts, and real estate agents marketing the area's unique advantages. For appraisers and insurance agents, this could signal a more attractive and stable local market, while investors in educational facilities might see potential growth opportunities.