St. Charles, Missouri Income Statistics
St. Charles Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
-
B
St. Charles Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | St. Charles | Missouri Avg | US Average |
|---|---|---|---|
| Median Household Income | $84,562 | $70,801 | $80,455 |
| Median Personal Income | $63,050 | $54,686 | $60,758 |
| Average Yearly Income Growth | 5.1% | 4.6% | 4.8% |
| Six-Figure Earners | 13.7% | 10.5% | 13.9% |
| $200k+ Households | 10.4% | 8.7% | 13.2% |
The median household income in St. Charles is about 19% higher than in Missouri. Income has been growing faster in St. Charles (5.1%/yr) than in Missouri (4.6%/yr).
About 14% of adults in St. Charles earn six figures ($100,000 or more) a year, higher than the Missouri average of 11%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in St. Charles, Missouri grew by 56.1% from 2009 to 2024, reaching $84,562 in 2024. That's an average of about 5.1% per year.
Income Inequality and the Gender Pay Gap in St. Charles
| Metric | St. Charles | Missouri Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.511 | 0.532 | 0.552 |
| Male Median Income | $72,301 | $64,288 | $69,667 |
| Female Median Income | $59,358 | $51,060 | $56,850 |
| Gender Pay Gap | 17.9% | 20.6% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In St. Charles, it is 0.511, lower than Missouri's 0.532, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 22% more than women's income in St. Charles, Missouri. Over a 35-year career, a 22% wage gap accumulates to roughly $453,005 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in St. Charles, Missouri has narrowed from about 27% to 18% in 2024. Over that period the gap was narrowest at 16% in 2021. In dollar terms, the gap has narrowed by $631 since 2009.
Employment
| Metric | St. Charles | Missouri Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.8% | 4.0% | 5.2% |
| Working from Home | 17.8% | 13.0% | 15.0% |
| Commute time (minutes) | 20 | 20 | 22 |
Approximately 1,042 people are unemployed in St. Charles, Missouri.
The average commute time in St. Charles is 20 minutes, about the same as in Missouri.
Unemployment Rate Over Time
Since 2011, the unemployment rate in St. Charles, Missouri has fallen from 7.3% to 2.8% in 2024. Over that period the rate peaked at 8.2% in 2013 and fell as low as 2.1% in 2020.
St. Charles, MO Wealth Compared With Nearby Cities
St. Charles, MO is the largest of the 4 cities compared here, 68,558 residents against a local median of 34,682. Where St. Charles, MO breaks from the cities next to it is income growth, sitting 62% above the local median of 3.1%/yr at 5.1%/yr. That is the better end of the local range on this measure.
The cities themselves spread 1.9%/yr on income growth, so St. Charles, MO sits at one end of an already wide local range rather than apart from it. St. Charles, MO has the highest income growth of the 4 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| St. Charles, MO | 68,558 | $84,562 #3/4 | 5.1%/yr #1/4 | 2.8% #2/4 | 0.511 #4/4 |
| Maryland Heights, MO | 34,682 | $87,820 | 4.3%/yr | 3.1% | 0.497 |
| St. Peters, MO | 58,257 | $94,320 | 3.1%/yr | 2.6% | 0.481 |
| Hazelwood, MO | 25,888 | $57,689 | 2.4%/yr | 9.5% | 0.501 |
Conclusion
Considering all these factors, St. Charles, Missouri has an overall wealth index grade of B, making it somewhat better than Missouri, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in St. Charles, Missouri.
How Rich Is St. Charles, Missouri?
St. Charles has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $84,562, about 19% higher than the Missouri average of $70,801.
How has median household income changed in St. Charles, Missouri?
Between 2009 and 2024, the median household income in St. Charles, Missouri rose 56%, from $54,155 to $84,562. Over the same years, income here outpaced Missouri as a whole: +56% against +54%.
What was the median household income in St. Charles in 2023?
In 2023, the median household income in St. Charles, Missouri was $83,616, up 3% from $80,846 in 2022. The Missouri median that year was $69,047.
What was the median household income in St. Charles in 2020?
In 2020, the median household income in St. Charles, Missouri was $69,161. By 2024 it had risen 22% to $84,562.
How many people earn six figures in St. Charles, Missouri?
Yes. 14% of adults in St. Charles, Missouri earn $100,000 or more a year (about 1 in 7), against 11% (about 1 in 9) in Missouri. 10% of households have a combined income of $200,000 or more, compared with 9% in Missouri.
Is unemployment high in St. Charles, Missouri?
Unemployment in St. Charles, Missouri is only 2.8%, well below the Missouri rate of 4.0%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in St. Charles, Missouri?
The Gini coefficient in St. Charles is 0.511. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in St. Charles, Missouri?
Since 2009, the income gap between men and women in St. Charles, Missouri has narrowed from about 27% to 18% in 2024. Over that period the gap was narrowest at 16% in 2021. In dollar terms, the gap has narrowed by $631 since 2009.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →