Cole County · Missouri · Midwest · 42k residents
Jefferson City, MO: economy, jobs & business costs
The site-selection read on Jefferson City: labor costs, talent, corporate tax, energy, and business activity, with the Missouri median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,145/wk. Missouri's corporate income tax rate is 4%. Commercial electricity averages 10.3¢/kWh.
Compare Jefferson City side by side
Avg. weekly wage
$1,145/wk
Corporate income tax
4%
Bachelor's degree or higher
38.7%
Commercial electricity
10.3¢/kWh
Economic momentum
How fast Jefferson City's economy is moving, ranked against the US cities we track.
48/100
Steady
Ranks Jefferson City's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $218,700 |
| Price per sq. ft. | $155 |
| Property tax rate | 0.88% |
| 1-bedroom rent | $583/mo |
| 2-bedroom rent | $751/mo |
| State & local income tax | 2.95% |
| Sales tax | 8.4% |
| Corporate income tax | 4% |
| Avg. weekly wage | $1,145/wk |
| Bachelor's degree or higher | 38.7% |
| Commercial electricity | 10.3¢/kWh |
| Businesses per 1k residents | 35.7/1k |
| Wage: Software developer | $126,120 |
| Wage: Registered nurse | $85,010 |
| Wage: General manager | $76,170 |
| Wage: Customer service | $38,990 |
| Wage: Warehouse worker | $34,980 |
| Wage: Heavy truck driver | $48,860 |
| Wage: Electrician | $67,630 |
| Wage: Retail salesperson | $30,400 |
| Cost of living index | 77 |
| Groceries index | 95 |
| Utilities | $165/mo |
| Transit pass | $78/mo |
| Gas price | $3.00/gal |
| Healthcare index | 94 |
| Childcare (per child) | $1,000/mo |
| Median household income | $66,371 |
| Unemployment rate | 3.5% |
| Population | 42k |
| Crime index | 55/100 |
| School rating | 5.5/10 |
| Walkability | 30/100 |
| Disaster risk | 73/100 |
| Avg. commute | 24 min |
| Sunny days / year | 205 days |
| July high | 89°F |
| January low | 23°F |
| Annual snowfall | — |
| Home price YoY | +7.6% |
| Home price MoM | +0.4% |
| Rent YoY | +10.1% |
| Rent MoM | +0.1% |
| Employment (jobs) YoY | +0.4% |
| Building permits YoY | -12.0% |
| Ocean coast | 591 mi |
| Big lake | 43 mi |
| Mountains | 103 mi |
| Major airport | 97 mi |
| Ski resort | 81 mi |
Popular comparisons
Nearby
- Columbia, MO · 129k
- Rolla, MO · 20k
- Fort Leonard Wood, MO · 15k
- Sedalia, MO · 22k
- Washington, MO · 15k
Similar size
- Cape Girardeau, MO · 40k
- Wentzville, MO · 47k
- Chesterfield, MO · 50k
- Oakville, MO · 35k
- Wildwood, MO · 35k
Real listings in Jefferson City
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Jefferson City a good place to run a business?
- Missouri's corporate income tax rate is 4%; average weekly wages in the surrounding labor market run $1,145/wk; commercial electricity averages 10.3¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Jefferson City, MO?
- Jefferson City indexes at 77 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $751/mo and a acs median home value of $218,700.
- How much does a house cost in Jefferson City?
- The acs median home value in Jefferson City is $218,700 (Census ACS estimate; individual listings vary).
- How much is rent in Jefferson City?
- A two-bedroom in Jefferson City rents for about $751/mo.