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St. Louis city, MO

RANK #656 / 996  ·  POP 298,018  ·  MO

PROJECTED GROWTH: +0.2%

St. Louis city is losing people and economic momentum. This metro faces significant structural headwinds.

[01] Why St. Louis city?

St. Louis, Missouri, often called the "Gateway to the West," is recognized by its iconic Gateway Arch, a 630-foot stainless steel monument. Situated on the eastern edge of Missouri, near the confluence of the Mississippi and Missouri rivers, the city offers a distinct community feel. Commuting within St. Louis is facilitated by MetroLink light-rail and MetroBus systems, with trains running frequently during peak hours. The city boasts over 100 parks, including the 1,300-acre Forest Park, which provides extensive bike trails, golf courses, and cultural institutions like the Saint Louis Zoo and Art Museum.

Life in St. Louis is characterized by affordability and a strong sense of community, often described as having a big-city feel with small-town charm. The economy is driven by sectors such as health sciences, transportation, logistics, and a growing technology presence, attracting remote workers and entrepreneurs. Major investments are flowing into commercial and residential development, energy, infrastructure, and manufacturing, contributing to the city's economic narrative. The St. Louis Public School system offers various options, including magnet schools with specialized curricula.

[02] Market Snapshot

Housing Ratio
1.6x

Undervalued relative to economy

GDP Growth
+0.5%

Well below national median

Home Prices
+0.8%

Below national median

Climate & Terrain
-0.5

Below-average climate & terrain

Price/Rent
11x

Strong rental yield

Housing looks undervalued at 1.6x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

St. Louis city U.S. National

The Numbers

DEMOGRAPHICS
Population
298,018
-1.58% YoY
Median Household Income
$52,941
Median Home Value
$174,100
+0.8% 12mo
Median Rent
$938
Average Annual Pay
$79,002
+3.5% YoY
Employment
221,464
-0.9% YoY
Income-to-Home-Value
0.3041
More affordable than average
Migration Inflow
4.32%
of pop. from another state

Market Activity

REAL ESTATE
Building Permits (2024)
294
Single-Family Permits
56

[05] Capital Investment

$3,802M
TOTAL
PROJECT AMOUNT STATUS
National Geospatial-Intelligence Agency (NGA) Next NGA West Campus
National Geospatial-Intelligence Agency
$1,700M Under Construction
Big Hollow Energy Center (Natural Gas Plant & Battery Storage)
Ameren Missouri
$1,200M Approved
ICL Electric Battery Plant
ICL
$400M Under Construction
Downtown West Mixed-Use Development
Unknown
$232M Under Construction
FY2026-FY2030 Capital Improvements Plan (Transportation Infrastructure, Neighborhood Stabilization, Facility Improvements)
City of St. Louis
$220M Planned
Cardinal Glennon Children's Hospital New Campus
Cardinal Glennon Children's Hospital
$50M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +0.5% 12 percentile
Population Growth -1.6% 1 percentile
Income Growth +8.6% 52 percentile
Vacancy Rate 2.6% 3 percentile
Home Price Change +0.8% 42 percentile
Rent Growth +3.2% 53 percentile
Price/Rent 11x 80 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is St. Louis city, MO a good place to move to?

St. Louis city has a Boom Town Index score of 34/100, ranking #656 among 996 U.S. counties. With job growth at -0.9% and a median household income of $52,941, it faces some economic headwinds compared to faster-growing counties.

Is St. Louis city affordable?

The median home value in St. Louis city is $174,100 with median rent at $938/month. The income-to-home-value ratio is 0.3041, which is more affordable than the national average.

Is St. Louis city growing or shrinking?

Population growth: -1.6% year-over-year. Job growth: -0.9%. Home values changed +0.8% in the past 12 months.

Are people moving to St. Louis city?

Yes — 4.32% of St. Louis city's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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