32 / 100

St. Louis city, MO

RANK #672 / 996 NAT  ·  #17 / 22 MO  ·  POP 298,018

1YR FORECAST: +0.1%

5YR OUTLOOK: +20%

#6 Most Undervalued
Our model projects St. Louis city's housing market at +0.1% over the next year, underperforming most U.S. counties.

[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] Top Employers

  1. 1
    BJC HealthCare Healthcare
    25,000+
  2. 2
    Washington University in St. Louis Education
    10,000+
  3. 3
    SSM Health Healthcare
  4. 4
    Mercy Health Healthcare
  5. 5
    Centene Corporation Healthcare
  6. 6
    Edward Jones Finance
  7. 7
    Anheuser-Busch InBev Manufacturing
  8. 8
    Enterprise Holdings Hospitality
  9. 9
    Emerson Electric Manufacturing
  10. 10
    Boeing Manufacturing
    5,000+

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[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
Bachelor's Degree+
38.6%
of residents (national avg: 33%)

Market Activity

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

[05] Crime & Safety

F
SAFETY
GRADE
Homicide Rate
50.6
per 100K · nat avg 6.3
Firearm Fatalities
57.1
per 100K · nat avg 14.8
Injury Deaths
198.6
per 100K · nat avg 76.3
vs National Average
Well above national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] 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.

[07] 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.

[08] Frequently Asked Questions

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

At 32/100, St. Louis city faces headwinds that place it in the lower third of the 996 counties we track. Median income of $52,941 combined with job growth of -0.9% suggests the local economy is struggling to keep pace with national trends.

Is St. Louis city affordable?

Housing in St. Louis city is roughly in line with national affordability norms. The median home costs $174,100 and the income-to-home-value ratio sits at 0.30, with rents averaging $938/month. Not a bargain, but not a stretch for most local earners either.

Is St. Louis city growing or shrinking?

St. Louis city is losing population (-1.6% YoY) while the job market is essentially flat (-0.9% employment change). Home values are +0.8% over the past 12 months. A slow-bleed pattern — not a collapse, but residents are leaving faster than employers are hiring.

Are people moving to St. Louis city?

There's a moderate stream of newcomers. About 4.32% of residents moved from another state, which is above average and suggests St. Louis city has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

St. Louis County, MO 34 St. Francois County, MO 30 Taney County, MO 36 Clay County, MO 28 Christian County, MO 42 Boone County, MO 22 Thurston County, WA 32 Benton County, AR 32