247WallSt.com names O’Fallon “Missouri’s Best City to Live”
Choosing just one “best city” from each of the nation’s 50 states, 247WallSt.com praised O’Fallon as “one of the best places to live in the Midwest and in the country as a whole. In addition to the residents’ relatively high incomes, the city is also relatively affordable. The typical household in O’Fallon earns approximately $85,000 annually. When adjusted for the area’s low cost of living, the value of the median household income is even higher at nearly $90,000.”
The report also noted that, “O’Fallon’s poverty rate is not only the lowest in Missouri, but also near the bottom of all U.S. cities. Just 3.3% of its residents live below the poverty line, several times lower than the 14.0% poverty rate shared by both Missouri’s and the U.S.” The report also listed the City’s median home values as $224,000, among the highest 10% in the state, and noted that 43% of adults have “at least” a bachelor’s degree. Read the report at https://247wallst.com/special-report/2018/01/26/best-cities-to-live-in-every-state.