Glendale, Ladue, Town And Country: These cities aren’t just some of the best places to live in Missouri. They are also home to some of the richest people in the Show Me State.
Glendale in particular houses the richest residents in the state thanks, in part, to a median household income of $128,571 and a ridiculously low poverty rate of 1.3%.
If you’re thinking of moving to one of these towns, you’ll probably need to start saving. The richest places in Missouri share common characteristics such as having a genius level populous, sky high home prices, and a Pleasantville level of married couples.
How did we come up with these mega wealthy cities? We analyzed Census data from the 2012-2016 American Community Survey for the 129 places in Missouri with more than 5,000 people.
At the end of the day, here’s the set of the 10 richest places in Missouri for 2018:
- Town And Country
- Des Peres
- Weldon Spring
- Dardenne Prairie
- Sunset Hills
- Wildwood (Photos)
- Parkville (Photos)
- Creve Coeur (Photos)
For more on how we calculated the top ten, read on or skip to the end for the full list of the richest cities in Missouri.
How We Determined The Richest Places In Missouri For 2018
The first thing that comes to most people’s minds when they think about determining the richest places is to simply identify personal incomes. After all, rich people have really high salaries.
However, we don’t believe that one statistic wholly encompasses what it means to be one of the ‘richest places’. So we looked at this set of criteria from the newly released 2012-2016 American Community Survey:
- Poverty Level
- Median Household Income
- Unemployment Rate
Median household income is the most digestible way to understand how rich a place really is. The unemployment rate tries to capture the prospects for more people to become rich. If more people are employed, the richer the future looks.
After we collected the data for all 129 places with more than 5,000 people in Missouri, we ranked each place from 1 to 129 for each of the criteria, with 1 being the richest.
We then averaged all the rankings for a place into a ‘Rich Score’ with the place having the lowest overall Rich Score, Glendale, crowned the ‘Richest Place In Missouri For 2018’.
You can learn more about the top ten below or skip to the end to see the rankings for all 129 places.
Population: 5,917 Median Income: $128,571
Unemployment Rate: 1.7%
Poverty Rate: 1.3%
Glendale is a city in St. Louis County, Missouri, United States. The population was 5,925 at the 2010 census.
Population: 8,579Median Income: $186,371
Unemployment Rate: 2.0%
Poverty Rate: 1.4%
Ladue is an inner-ring suburb of St. Louis, located in central St. Louis County, Missouri, United States. As of the 2013 census, the city had a population of 8,560.
3. Town And Country
Population: 11,001Median Income: $156,899
Unemployment Rate: 1.9%
Poverty Rate: 3.3%
4. Des Peres
Population: 8,507 Median Income: $119,517
Unemployment Rate: 3.1%
Poverty Rate: 1.8%
Des Peres (English: /dipr/) is a city in St. Louis County, Missouri, United States. The population was 8,373 at the 2010 census.
5. Weldon Spring
Population: 5,545Median Income: $94,551
Unemployment Rate: 2.7%
Poverty Rate: 2.6%
Weldon Spring is a city in St. Charles County, Missouri, United States. The population was 5,443 at the 2010 census. It was the location of the largest World War 2 explosives plant and later a uranium refining faculty.
6. Dardenne Prairie
Population: 12,692 Median Income: $123,942
Unemployment Rate: 3.6%
Poverty Rate: 1.3%
Dardenne Prairie is a city in St. Charles County, Missouri, United States. The population was 11,494 at the 2010 census.
7. Sunset Hills
Population: 8,515Median Income: $100,771
Unemployment Rate: 2.0%
Poverty Rate: 5.2%
Sunset Hills is a city in St. Louis County, Missouri, United States. The population was 8,496 at the 2010 census.
Population: 35,764Median Income: $125,444
Unemployment Rate: 3.5%
Poverty Rate: 4.0%
Population: 6,124Median Income: $116,359
Unemployment Rate: 2.6%
Poverty Rate: 5.6%
Parkville is a city in Platte County, Missouri, United States. The population was 5,554 at the 2010 census. Parkville is known for its antique shops, art galleries, and historic downtown. The city is home to Park University and English Landing Park.
10. Creve Coeur
Population: 18,072Median Income: $93,398
Unemployment Rate: 2.9%
Poverty Rate: 4.7%
Creve Coeur /kriv kr/ is a city located in west St. Louis County, Missouri, United States, in Greater St. Louis. The population was 17,833 at the 2010 census. Creve Coeur borders and shares a ZIP code (63141) with the neighboring city of Town and Country. It is home to the headquarters of Monsanto and Drury Hotels.
There You Have It – The Richest Places In Missouri For 2018
Like we said earlier, when we set out to identify the richest places in Missouri, we weren’t sure what we’d encounter, but it ended up being some of the best places to live in Missouri.
When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.
If you’re curious enough, here are the poorest cities in Missouri, according to data:
2nd Poorest: Caruthersville
3rd Poorest: Berkeley
For more Missouri reading , check out:
Detailed List Of The Richest Cities In Missouri
|Town And Country||3|
|Lake St. Louis||19|