St. Louis Investment Properties For Sale | Norada

St. Louis Investment Properties For Sale

St. Louis is One of 10 Best U.S. Cities for Real Estate Investment

St. Louis is a large city located in the state of Missouri. With a population of 302,838 people and 137 constituent neighborhoods, St. Louis is the second largest community in Missouri. Much of the housing stock in St. Louis was built prior to World War II, making it one of the older and more historic cities in the country.

St. Louis is neither predominantly blue-collar nor white-collar, instead having a mixed workforce of both blue-collar and white-collar jobs. Overall, St. Louis is a city of professionals, service providers, and sales and office workers. There are especially a lot of people living in St. Louis who work in office and administrative support (10.84%), sales jobs (9.12%), and management occupations (8.90%).

Also of interest is that St. Louis has more people living here who work in computers and math than 95% of the places in the US.

St. Louis is one of the most attractive larger cities for people who are young, single, educated, and upwardly-mobile career starters. This makes it a good place to live for young singles in their 20s and 30s and who have undergraduate or graduate degrees and are starting their professional careers. Although St. Louis is a large city, this demographic is significant enough that young professionals will find many others like themselves here, with really good opportunities for friendships, recreation, romance, and more.

One of the benefits of being a big city like St. Louis is having a public transportation system, but in St. Louis the transit system is the mode of choice for lots of people getting to and from work every day. You will find many people using the bus for their daily commute, even though other transportation options exist. If you ask these commuters, many will tell you that not having to drive in the snarl of big city traffic is one of main reasons for leaving the car at home, or even not owning a car at all. With so many people taking the bus St. Louis benefits from a reduction in air pollution and traffic.

The education level of St. Louis citizens is very high relative to the national average among all cities (21.84%): 35.03% of adults in St. Louis have a bachelor's degree or even advanced degree.

The per capita income in St. Louis in 2010 was $28,478, which is wealthy relative to Missouri, and upper middle income relative to the rest of the US. This equates to an annual income of $113,912 for a family of four. However, St. Louis contains both very wealthy and poor people as well.

St. Louis is an extremely ethnically-diverse city. The people who call St. Louis home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of St. Louis residents report their race to be Black or African-American, followed by White. Important ancestries of people in St. Louis include German, Irish, English, Italian, and French.

The most common language spoken in St. Louis is English. Other important languages spoken here include Spanish and African languages.

Overview

St. Louis is a large city located in the state of Missouri. With a population of 318,069 people and 137 constituent neighborhoods, St. Louis is the second largest community in Missouri. St. Louis has a large stock of pre-World War II architecture, making it one of the older and more historic cities in the country.

Unlike some cities where white-collar or blue-collar occupations dominate the local economy, St. Louis is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, St. Louis is a city of sales and office workers, service providers and professionals. There are especially a lot of people living in St. Louis who work in office and administrative support (14.59%), sales jobs (10.90%) and management occupations (7.56%).

Also of interest is that St. Louis has more people living here who work in computers and math than 95% of the places in the US.

St. Louis is a big city, and with that comes lots of benefits. One benefit is that most big cities have public transit, but St. Louis really shines when it comes to the extensiveness and use of its public transit system. More than most large American cities, St. Louis citizens use public transit daily to get to and from work. And while there are transportation options, most people in St. Louis ride the bus. Whereas in some cities one is destined to sit in traffic every morning to get to work and every evening to get home, in St. Louis a lot leave their cars at home (if they even choose to own one), and hop a ride on the bus.

St. Louis Information and Demographics

In terms of college education, St. Louis is somewhat better educated than the 21.84% who have a 4-year degree or higher in the typical US community: 26.89% of adults 25 and older in the city have at least a bachelor's degree.

The per capita income in St. Louis in 2010 was $21,406, which is upper middle income relative to Missouri, and middle income relative to the rest of the US. This equates to an annual income of $85,624 for a family of four. However, St. Louis contains both very wealthy and poor people as well.

St. Louis is an extremely ethnically-diverse city. The people who call St. Louis home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of St. Louis residents report their race to be Black or African-American, followed by White. Important ancestries of people in St. Louis include German, Irish, Italian and English.

The most common language spoken in St. Louis is English. Some people also speak Spanish.

 

Information by Department of Numbers, Bureau o

Saint Louis APPRECIATION RATE

TIME PERIOD TOTAL APPRECIATION AVG. ANNUAL RATE COMPARED TO State* COMPARED TO AMERICA*
Latest Quarter:
2023 Q3-2023 Q4
0.00% 0.00%
Last 12 Months:
2022 Q4-2023 Q4
0.00% 0.00%
Last 2 Years:
2021 Q4-2023 Q4
0.00% 0.00%
Last 5 Years:
2018 Q4-2023 Q4
0.00% 0.00%
Last 10 Years:
2013 Q4-2023 Q4
0.00% 0.00%
Since 2000: Q1-2023 Q4 0.00% 0.00%
*10 is the highest


RENT & OWNERSHIP

HOME OWNERSHIP RATE


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