(The Center Square) – Springfield was ranked the poorest city in Missouri in a 24/7 Wall St.

Poorest City Springfield
Median Household Income $36,856
Poverty Rate 22.9%
Median Home Value $118,100
Population 167,051

• Jun 22, 2021

Besides, How much do you need to make to live in Springfield, MO? The cost of living in Springfield, MO is about the same as in Springfield, MO. You would have to earn a salary of $60,000 to maintain your current standard of living.

Where should you not live in Missouri?

Here Are The 10 Most Dangerous Towns in Missouri To Live In

  • Springfield, Missouri. Springfield, MO, USA. …
  • St. Louis, Missouri. …
  • Vinita Park, Missouri. Vinita Park, MO, USA. …
  • Branson, Missouri. Branson, MO 65616, USA. …
  • Joplin, Missouri. Joplin, MO, USA. …
  • Caruthersville, Missouri. …
  • Kansas City, Missouri. …
  • Sedalia, Missouri.

What is the wealthiest city in Missouri? (The Center Square) – Clarkson Valley was ranked the richest town in Missouri in a 24/7 Wall St. analysis examining small, affluent communities where most households earn at least three times the state’s median annual household income.

Hence, What is considered rich in Missouri? According to the report, here is how much does it take to be considered “rich” in Kansas City, Missouri: Lowest Income to be Considered “Rich” (Top 20%): $109,276. Average Income of the Top 20%: $190,266. Average Income of the Top 5%: $336,124.

How much money does a single person need to live comfortably?

This means a single person needs to make at least $66,434 after taxes to live comfortably. After their basic living expenses are covered, an individual could spend $19,930 on wants and set $13,287 aside for savings or debt paydown.

What is considered a high salary?

Salaries in the UK At the same time, the average salary in the UK was £38,600 in 2020, according to the ONS. Someone with an annual salary of more than £70,000 is considered to be rich.

What state has the best income to cost of living ratio?

Mississippi. Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi’s housing costs are the lowest in the nation.

What percentage of Springfield Missouri is black?

Springfield Demographics White: 87.65% Two or more races: 4.38% Black or African American: 4.28%

How cold does it get in Springfield MO?

Over the course of the year, the temperature in Springfield typically varies from 26°F to 89°F and is rarely below 9°F or above 97°F. The average high temperature is 67°F and the average low is 45°F. The coldest month is usually January and the hottest is August.

What is a good salary in Springfield MO?

The average salary in Springfield is $38,876. A good hourly wage in Springfield is $15.87 per hour. That works out to a good weekly wage of $634 per week and a good monthly wage of $2,750 per month. However, using the median income is only one way to calculate a good salary in Springfield.

Is Springfield MO poor?

With a population of 167,051, Springfield recorded a median annual income of $36,856, based on the U.S. Census Bureau’s 2019 American Community Survey. Springfield’s poverty rate was pegged at 22.9 percent, and its median home value came in at $118,100 .

What kind of city is Springfield MO?

Springfield is the third largest city in the U.S. state of Missouri and the county seat of Greene County. As of the 2020 census, the city’s population was 169,176.

Springfield, Missouri
• Type Council–manager
• Mayor Ken McClure
Area
• City 82.98 sq mi (214.91 km 2 )

How often does Springfield Missouri get tornadoes?

Tornadoes were found to occur with a frequency of 10 each year and are a significant threat to the Springfield CWA when the severe weather season begins. The majority of these tornadoes are weak, but the occurrence of strong and violent storms is always a possibility and cannot be discounted.

Where is the best place to live in Springfield MO?

Fremont Hills #1 Best Places to Live in Springfield, MO Area.

What is the hottest month in Springfield MO?

Average Temperature in Springfield The hottest month of the year in Springfield is July, with an average high of 88°F and low of 69°F.

What percent of Springfield MO is black?

Springfield Demographics White: 87.65% Two or more races: 4.38% Black or African American: 4.28%

What is Springfield known for?

As the largest city in central Illinois, with a population of 117,000, Springfield is best known for being the home of our 16th President Abraham Lincoln and the place where President Barack Obama spent his early career in politics.

Is Missouri the poorest state?

Mississippi. Mississippi is the poorest U.S. state, with 18.8% of its residents living in poverty. The state also has the highest child poverty rate, with 27.9% of its under-18 population meeting federal poverty guidelines.

Should I move to Springfield MO?

It’s a place that has everything you need—a plentiful and growing job market, great schools, world-class health care and all the entertainment and cultural trappings of a big city. 25% below the national average. Our housing costs are consistently the best cost advantage in terms of our cost of living.

What is minimum wage in Springfield MO?

Minimum Wage History

Time Period $ Amount
2017 $7.70
2018 $7.85
2019 $8.60
2020 $9.45

What is the average cost of living in Springfield MO?

Springfield cost of living is 82.3

COST OF LIVING Springfield Missouri
Overall 82.3 85.9
Grocery 94.5 94.9
Health 101.6 97.6
Housing 59.1 69

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