Saturday, July 6, 2019

St. Louis and affordability go hand in hand!

Hey, hey St. Louis...  SmartAsset just confirmed something that locals have known for a long time. In a recent study, they surveyed the 189 most populous cities in country, assessing everything from the price per square foot for residential real estate to the unemployment rate to residents with a college degree to walkability..


We ranked 9th in the nation as far as being undervalued at only $104.25 per square foot.  Look at our numbers compared to the other cities, with amazing public schools to boot!

St. Louis, Missouri, coming in at ninth place, is the westernmost city in our top 10. St. Louis does have the fourth-highest high school graduation rate in the top 10, at 88%, which ranks 91st in the study overall. Furthermore, 28% of the adults in the city’s population have at least a bachelor’s degree, the fourth-highest rate in the top 10 and 61st out of 189 cities overall. The unemployment rate in St. Louis is 3.9%, the second-lowest rate in the top 10.

Zillow data shows that actual cost per square foot in St. Louis is $104.25, while our model estimates that it should cost about $100 more than that, at $205.58. For those looking to get a smart start, it’s also one of the best cities for new college grads.